buzzers-jpassociat share target may 2013

jpassociat share target may 2013

jpassociat share today rallied 6% and closed at 80.2.here on daily chart,yesterday given bullish breakout above 3 month average and today we see buying support for breakout.

on chart,jpassociat share all short term averages are in range of 75-76 and remain as support on downside.on upside 80 was last short term to which is taken today.all momentum indicators already given buy signal on lower levels.

on performance side,jpassociat share now showing same gains like nifty/sensex.nifty and sensex gained over 10% while with todays gains jpassociat share showing 10% gains in last 1 month period.now near breakout for outperformance over index.

for month of may,jpassociat share was buy near 75 with stoploss below 73 on closing basis and targets are 83 and then above that 93 will be next target.below 73 remain avoid or short sell.

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Pramod Baviskar

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