AbhishekHSinghCMT
Long

JP Associate- So close 9.00 to 9.25 - Did you buy?

NSE:JPASSOCIAT   JAIPRAKASH ASSOCIA
285 3 10
Last Traded Price@10.25

JP has favorite number 65 --11.65 -- 10.65

As suggested in a previous update that we shall either look to buy in the zone 9-9.25 or moving above the latest high of 11.

Wow!- Started moving again.

Trading Strategy -
Either look again to buy in the zone 9-9.25 if drops as it already close to that zone pushed to 10.65-recent high or taking long positions once 11 is crossed.

All the nested charts has "load bar feature with a forward arrow to see future bars!

Previous Update- JP Associate 2016 Diary
Trade active: 16:56 Hrs 21st Jan2017

Last price@9.85

Turned again down from 10.65- its favorite number as mentioned above. Heading in the direction of 9-9.25
Trade active: 18:36 Hrs 3rd Feb2017

Last price@12.95

Day's High@13.60

Crossed 11 - did you buy as suggested in last update above.
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Is it worth looking in stock below 10 bucks ?
Extremely suprising its in F&O list , God knows what sebi does ?
Reply
@neneram, Hi, it's a natural way of occurrence- As every man has to pass through his childhood - no one becomes adult in 1 day. Small stocks only grow into multibaggers -I have decades of example of stocks moving from 5 to 500 in certain span of time. So, it should be considered as equity investment stock rather than speculation stock if the fundamentals are good for stock.
Reply
I think there is a pattern formation in Yes bank also.Please look and publish it.Thanking U
Reply
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