vanathi

Trader's Queries : Just Dial

Long
NSE:JUSTDIAL   JUST DIAL LTD
462 views
15
Just Dial line is going to be busy very soon as the price action has broken the long term trend line . Downward trend line is broken after a long duration of two years. Who have entered the trade earlier can keep their stop loss as 440. Targets are 480, 509. 530 and 560. Always use trialing stop to protect your profit.

Note : I am a private trader. I am not giving free/paid calls. I am not taking trading classes. I am here to improve my technical knowledge. This is my trading analysis journal.
Trade active: @ 460 on 2/20/17
Comment: First target reached.
Comment: Second target reached on 2/21/17
Comment: Use trail stop to protect your profit.
Comment: Third target hit on 2/22/17
Comment: Just dial resistance levels as per weekly chart.
Trade closed: target reached: From 460 to 560(2/20/17 to 2/28/17), all targets reached in 8 days with 100 points gain.
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Comments

yeah i traded with your guidance, made money thanks
+1 Reply
vanathi nalinakshi
@nalinakshi, You analysed my idea and traded. You made money with your efforts. Thank you for sharing the information :)
+1 Reply
Excellent Trade Set Up and did few trades and made profits Thanks heaps and appreciate Look forward to have more trade setups, please
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vanathi Subra1953
@Subra1953, Thank you for the encouragement...
Reply
Wonderful!!
Reply
vanathi arungcteee06
@arungcteee06, Thank you...
Reply
but here at this price it is having resistance? I mean according two year weekly chart. and macd is still below zero line, please if possible highlight
Reply
vanathi nalinakshi
@nalinakshi, Down trend is reversing after 2 yrs, so price wont fall that much easily. I expect my targets will be reached before retracement....
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@vanathi ... 2nd target reached .. well spotted :)

Now, need little consolidation before next target...RSI seems overbought !!
Reply
vanathi Money_Minded
@Money_Minded, Yes I agree...
+1 Reply