February 25, 2013

JP ASSOCIATE Ltd Chart analysis

 
  • JP Associates continues to fall down in a narrow channel 
  • Weekly chart is showing a potential support line. If this line is not held price will continue to move lower towards 60 levels.
  • Last chart shows Immediate resistance at 20 Day SMA and 200 Day SMA. Bounce is possible on trading above 20 Day SMA.
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