There is a consolidation in the form of a rectangular box - likely If Just Dial crosses & sustains above 520 -522 zone -One can look to stay bullish or else looking out for a support in the handle 480-485 with the rising trendline & observe for a bounce to take any buying opportunity.
12:13 Hrs- IST-8th Sep2016 Inching closer to the rising trendline. Current price-497
12:10 Hrs- IST-9th Sep2016
Very likely that Just Dial Should go in the zone 480-485 as expected in the update.
Best Regards, Abhishek H. Singh, CMT India Regional Manager http://in.tradingview.com | LinkedIn India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Ok, Thanks. Today I made a mistake of buying @ Rs. 206/- guessing (looking to the strength) that it would soon cross Rs. 220/-. Now, I wish to average somewhere near bottom. The stock is in short trend since long and I guess that any rise would be of temporary nature. This is my personal view and opinion.