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Agentbearbull
Oct 16, 2019 6:54 PM

Just dial is about to crash or going for consolidation? Long

JUST DIAL LTDNSE

Description

look at the decrement in buying volume between may and October ,now the situation is 886 retracement of bullish impulse had been done ,and buying pressure is still irrelevant ,If it continues for fewer days without any bullish candle or sign of reversal, Then just dial is in situation of crash.
Currently price is monthly support zone and also near to older ,trendline support ,so for intraday short position might be risky .Looking for zone near trendline support to long for intraday because of risk reward
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