Jai Prakash Associate
JP Associate has corrected from High of 102 to low of Rs 84 as shown in the below charts.
Stock is trading in a tight range from past 5 trading sessions and range breakout will give a move of atleast 2-3% in a single session.
Break of Rs84 will give a quick move till 81 and a move above should give a move till 91
RSI and Stoch are in oversold region so a bounce back shall be offing but move above 87 is must for that
Buy above 87 Tgt 89,91.3 …
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