Trendline broken in Jaiprakash Associates Limited with very high volume.
Marvelous Breakout Buy JP Associates Closing Price - 8.25 SL - 6.4 (WCB) Target - 15/18/20
JP ASSOCIATES EQUITY levels ...10/06/2021 (M candle)
NSE:JPASSOCIAT "MARKET CAN GO ANYWHERE, THERE ARE NO RESTRICTIONS TO THE MARKET MOVEMENTS !!!"
JPASSOCIAT is a favourite shorting candidate on NSE shortly. Sell JPASSOCIAT at 12.30 to 12.50 zone with Stop-loss of 13.55 and Target of 10.50.
This is a weekly chart of JP Associates. Applied Fibonacci levels to all time low(5.30) and recent highs(30.40). Stock seems to be taking support at 10.85 levels which is also 0.786 of its Fibonacci level. Stock can be sold on a small rally till 11.3 levels with targets of 9.2 Stoploss 11.8. CAREFUL because JPAssociate can be a volatile stock, trading this can...
they are not meant for investment , stay away , stay safe
JP Associates is looking good technically with SL as 13.20 Highly volatile. Only Cash trade
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.