Friday, September 30, 2011

JPASSOCIAT... last candle is giving bearish indications ..

For JPASSOCIAT... sell advise was posted here ..
http://dhanvarshagrp.blogspot.com/2011/09/sell-jp-at-cmp-7320.html
compare both charts ...and try to find the difference...
Pre market sell advise...passed at 8.55 AM
kailash123p (9/30/2011 8:54:45 AM): jp October moved from 69 to 75 yesterday...moved up due to short covering...closed at 74.70 ...market will breathe/ retrace today...sell jp associate at or below 75 for 74 73 72>>>69 stop loss 76.20 closing basis
So last candle is giving bearish indications ..after bullish engulfing...


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