April 2, 2011

  • JP Associates is moving towards 100.
  • Moving averages are showing bullish alignment. 
  • 200 DMA for the stock is around 110 level. If price sustains above 100 we may see it move towards 200 DMA.
  • Those who are already long may book partial profits around 100 levels.


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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore