Jaiprakash Associates at Buy LevelAs per my analysis NSE:JPASSOCIAT is at level to take buy side entry. Price already retraced on weekly correction. 17.20 could be buy trigger level with stop loss of 15.90 (-1.30 Risk). My expected upside target would be 18.50, 19.35, 20.15. This could be low risk and high reward positional trade idea.
Note: This is my personal analysis to learn stock market behaviour . Kindly do your own research/analysis to take any buy or sale entry. Thanks.
Jpassociates
JP ASSOCIATES WEEKLY TIME FRAME#JP ASSOCIATES....
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
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Tradelikemee Academy