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HarshShivlani

J.P Associates negative bias/neutral

Short
JAIPRAKASH ASSOCIA (NSE:JPASSOCIAT)  
HarshShivlani Updated   
NSE:JPASSOCIAT   JAIPRAKASH ASSOCIA
Trend Analysis Chart Patterns Technical Indicators jpassociates short Symmetrical Triangle breakdown cloud
2
0
trendanalysis chartpattern indicator jpassociates short symmetricaltriangle breakdown cloud
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.
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