Thetradermonk

Fibonacci confluence

Long
NSE:JUSTDIAL   JUST DIAL LTD
Just dial is in an uptrend with good volumes. The area of 596-600 is a confluence of two Fibonacci ranges. Sustenance above 600 can be used to initiate longs till 615 where resistance from 200 EMA can be seen. If 615 levels are broken, stock can travel upto 630-633 levels Intra-day.

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