HarshShivlani

J.P Associates negative bias/neutral

Short
NSE:JPASSOCIAT   JAIPRAKASH ASSOCIA
It is in symmetric triangle but price action and indicators have a negative bias.
Could go short on break of yesterday's low.
Everything else in chart.
Comment: Looks like JP has posted great results so fundamentally, sentiment is gap up opening.
and closing above the cloud could lead to a rally. So wait and watch and then take your decision accordingly.