Very rightly said. If you had noticed JPASSociates movement on last Friday, the manipulation by bears was evident. The price moving in a range of Rs151-152 rupees for 2.30 hrs, but suddenly was hammered down to 140. Nfty didinot show moch change. After 12.45pm when Nifty started it joumey up till EOD, the price moved to 160 only. Even at 3pm when NIFTY was up by a more than points, JP didnot show good response. Often I notice that JPAsso is not allowed to move in the direction of NIFTY.
Can any one explain this behaviour?
VPS