Technical Bounce is possible in JP Associates JP Associates is looking good technically with SL as 13.20
Highly volatile. Only Cash trade
JPASSOCIAT trade ideas
Reliable but rare Candlestick pattern : Three Stars in the South"Three Stars in the South" is one of the most reliable bullish reversal pattern but it does not form very often. Identification criteria is as under. The market is in a downtrend;
The first candle is black with a long real body, long lower shadow, and no upper shadow;
The second candle is black with a shorter real body and a higher low than the first candle’s low;
And, the third candle is black with a short real body and no shadows and a close that’s within the high-low range of the second candle.
It is ranked first in top reversal candlestics pattern by Thomas Bulkowski.
Please post here if you find it.
seems a good long ... first target range 45-50 and then 100+for long term, numbers are improving, todays result are quite impressive, may be the turnaround story,
JP ASSOCIATES - ROUNDING BOTTOM, HNSJP ASSOCIATES is showing good momentum and about to end 3yrs of bear market.
buy at CMP 25 stop will come at 20 RS but if invested long can go to 29-36-49. its a positional buy.
NOT A SEBI CERTIFIED ANALYST. PLEASE TAKE FINANCIAL ADVISOR HELP BEFORE INVESTING.
JPA : Nice triangle break. Expected recent high to be tested JPA : Nice triangle break. Expected recent high to be tested SL 24
JP ASSOCIATES : ACCUMULATION GOING ON ... {BULLISH}DEAR ALL , EVERYTHING IS MENTIONED OVER THE CHART ... BE HAPPY ... GOOD LUCK IN SHARE MARKETS !!!
JP Associates: Long set up... bullish caseJP Associates
CMP 17.60
Holding 16.40 levels the stock will confirm a higher top higher bottom formation
At cmp & / or on dips towards 17.20 - 16.80 the stock can be looked for
T1 18.60 ( Short term )
T2 21.80 ( Medium term )
SL if closes below 16.30
Review ur trading plan
& plan ur trade accordingly
Take care & safe trading...!!!
Head and Shoulders SetupAggressive traders can enter now (Monday) at around Rs. 20 as the price is re-testing the Neckline . It's also the .382 Fibonacci Retracement of the Right Shoulder .
More conservative traders can look to sell around Rs. 21 to get the best price as it is the .618 Fibonacci Retracement of the Right Shoulder . You also get a better Risk : Reward by entering late but you may or may not get the trade.
The Stops go above Rs. 26 which is the Right Shoulder backed by strong historic structure.
The 1st Target 's Risk to Reward is little better than 1:1 at around Rs. 15 , which is the re-test of the lows of the Right Shoulder .
The 2nd Target is around Rs. 9 .
Do let me know what you think. Good luck!
Sincerely,
Dpk.Htkr
Jai Prakash Associates - Need I say anything more? :PThe stock seems to be coming out of a HUGE SLUMBER! Needless to say the stock keeps making Higher Bottoms every few months! Can pay off well in the medium to long term! Must be given some attention! Risk appetite must be high for this is a very high beta stock! Invest at your own risk!
JP Associate Pin Bar formationContinuing from the last affair where after our take profit; we speculated it to go more up but it fell.
JP Associate showed pin bar formation at daily support zone.
Also, there is a PRZ towards upside thanks to a harmonic butter fly.
Buy with a stop loss at the pin bar's low.
JP Associates head and shoulders pattern One can take a short position in JP associates with SL at the neck line. We can look at safe options to sell SEPT 20CE which is at .50 RS which has intrinsic value of 34000 Rs.
JP Associates - Sell !H&S top and RSI showing negative strength.
Suggested to buy at Rs.12 earlier, see link below!
JP Associates Bullish Butterfly JP Associates rose suddenly when RJ bought shares but it fell with the Korea Nuke.
Currently, it is forming a bullish butterfly. Our first target is already hit and it is in consolidation post that; we are expecting and upside breakout towards the second target.
JP Associate - Magic happens again from 30 to 19 -Pennant ZoneLast 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 BounceThe move which goes into my diary for 2017.
What Next?
If you get an opportunity to see JP in the zone 18 -21 the pennant zone & respects . Who knows that could bring short term excitement again for 30+
Close to 9 & we got another killer move for 30
2016 Diary - Up -Up & Away from 7-11
J.P Associates negative bias/neutralIt 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.
