JAIPRAKASH ASSOCIATES LTD
Long
Updated

JP Associate - Magic happens again from 30 to 19 -Pennant Zone

460
Last Price@20.40 11th Aug2017

As suggested in previous update - "Magic of 9 repeats for 30". We shall look for JP Associate to run into pennant zone 18-21. Here we are at 19 -day low@11th Aug2017.

If holds then we look back close to 30 again. Trade carefully. Nifty is melting. Have added latest update to Nifty long term analysis@22nd March2017.

Magic of 9 repeats for 30
JP Associate - Magic of 9 repeats for 30- Pennant Zone Bounce
Trade active
11:15 Hrs 11th Aug2017

Last Price@22.05

Was there a support in pennant?
Trade active
09:18 Hrs 14th Aug2017

Last Price@22.50

Turns from 19 - Big Candle to start the day!

snapshot
Trade active
13:13 Hrs 16th Aug2017

Last Price@23.85

One more step upside for the day.

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