Tuesday, May 21, 2013

Broken 50Hr MA

Dear All,

>click the chart to see on full screen<

Wrote Yesterday about the importance of 6146 and broken today decisively. 50 Hr MA also broken shows that this fall is not an usual one, may be a warning singal from Bear. 6113 and 6103 if broken may break the Channel support as shown on chart, may try to fill the gap left at 6000 level. 6052 and 5942 are 23.6% and 38.2% retrace from the raise of 5477. Tomorrow may be a trend decider, going to be interesting as well.

>>> Jp Associates <<
>click the chart to see on full screen<

Jp Associates after giving a break out on IHS, Price slipped today. If 75.40 breaks then the IHS becomes a false one and fall should continue, may be a deep selling also possible. Lets See.

Sent on May 21, 2013 09:45:45 AM ****N4A-STOCK-ALERT**** Sell JPASSOCIATES below 79.40. SL above 81.5. Target 77 and 75 (all spot lvl)

Sent on May 21, 2013 12:04:40 PM ****N4A-STOCK-UPDATE**** JPASSOCIATES NEAR 1ST TARGET 77. SELL GIVEN AT 79.40. PROFIT 4000X2.4=9600. OTHERS SL CTC