AbhishekHSinghCMT

JP Associate- 2016 Diary- Up-Up & Away from 7 to 11

NSE:JPASSOCIAT   JAIPRAKASH ASSOCIA
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9
389 4
Thanks "rmthariyan"- for reminding.

This stock post explosive rallies always go in sideways moves & troubles, so likely could rest in the zone 9-9.25 in coming days if it holds then we will think about going long in the stock for targets close to 11.65 or it breaks 11.65 whichever happens first.

This is how we moved in 2016.

Click the charts below & use load bar feature within the charts

Careful below 10-11


Rocking M Support




Trade active: 19:16 Hrs 14th Jan2016

Last Price@9.85

Heading close to the zone of 9-9.25
Trade closed: target reached: Done
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - India
http://in.tradingview.com
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India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Lots of OI in the call options; but stock can break up above 11. Sometimes doesn't seem right...
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@rmthariyan, let us wait & see -if it breaks 11 on upside.
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adnanfarooq37 AbhishekHSinghCMT
@AbhishekHSinghCMT, sir which type of pattern it is
Reply
@adnanfarooq37, Hi, I was busy. This is one of the harmonic patterns.
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