Buy JSPL - Short Term

Expected to reach by Q3 results announcement..
Trade closed: target reached: Reached Target in 1 day..made a high of 252..
Today on 03 Jan 2018 volume are more than double and open interest also rose by more than 5%.

Further it has broken cup pattern with out forming a handle.

So very interesting, let see what happens
@psu77, yes..
psu77 naveendtc
Hi, Naveen

Now what to expect ? Further up move or side way movement or Retrenchment ?

Please do your expert charting analysis
Basis Weekly Chart: Now its at 2.618%, we need to wait for the confirmation whether it will extend to 3.618% - 310. If Q3 results are good it may go for 310 level.
Otherwise it will correct now, it may retrace to 210 levels before starting the 5th wave..
psu77 naveendtc
Please excuse me, I did not understand by your quote "Basis Weekly Chart: Now its at 2.618%" what is 2.618% value represents.
@psu77, dont worry about it, its Fibonacci's levels..
@psu77, Just check the Values mentioned in the message, it may go up to 310 or will correct 210..
@psu77, the open interest is up by 0.78% as the NSE Website. Am i missing something here?
psu77 vindan
I checked data of NSE 15:30 times than which always change after 16:30 hrs. So you may be right that O.I. up then by 0.78% only
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