JP Associates locked at lower circuit; here’s why! JP Associates locked at lower circuit; here’s why! The stock has declined nearly 18 per cent from the day's high Karan Dsij / Monday, November 6, 2023 / Article rating: 3.9 Examining the technical side, the daily chart of the stock paints a bearish picture. It has formed a bearish closing marubozu candlestick pattern, a singular pattern signifying strong bearish sentiment in the stock.