Monday 22 September 2008

JP Associates

Technical Analyst, Ashwani Gujral is of the view that should sell JP Associates on rallies.
Gujral told CNBC-TV18, "JP Associates has been a weak stock, made new lows. It has support at Rs 118. It needs to get past Rs 153 to gain any sort of strength. Again it’s a sell on rallies."

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DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.