Hi MJ,JRaj.....
The JPA charts as promised.........here,unlike the NF,we are not looking at each and every mini-pivot,but that which are visually obvious.Yes,we still look at 30min charts for clarity....now and then.
The adds are at Rs 1,and the reversal is at Rs 1........the way this moves is not the way NF moves,doesn't need Rs2.........have a look yourself and see if Rs1.5/1 fits you better or 1.5/1.5
Here,the number of adds is x 2 to initial positions,except if we get a breakout move as is evidenced by WRB and high vols.Other than that,it's altogether 3 positions and after that,trail stops only.
1 lot now of JPA(no idea abt a year back) is equiv to 750.
Saint