JP Associates can touch Rs 92: Panda

Jitendra Panda, Future Capital is of the view that Jaiprakash Associates can touch Rs 92.

Panda told CNBC-TV18, “JP Associate remains a top pick and at Rs 87 levels on the future side it is a buy and we believe Rs 85 could be a good stop loss, that’s a good support level that could be a stop loss and we can see Rs 92 levels and higher within this series. So it is a good level to get a long position in.”