Stock : J.P Associates
CMP : Rs 133.9
There is a low risk buying oppurtunity in J.P associates for shorter term with stop loss of Rs128 on EOD basis as there is a buy signal on the EOD chart.
If J.P associates sustain above the ichimoku cloud on the weekly charts i.e Rs 136 for the current week it can be carry forwarded for medium term gains with stop loss of Rs 124 on WOW basis
Trade is simply based on the expectation of the Trading system and not on prediction based.
JP Associates Daily chart
JP Associates Weekly Chart