JUST DIAL (1W TF) - Swing Trade Analysis given on 9th Feb, 2024
Pattern: CUP AND HANDLE
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #justdial #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia #investment
Pattern: CUP AND HANDLE
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #justdial #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia #investment
Trade active:
JUST DIAL Update (as on 19th April)
✓ 16% Returns in 40 Trading Sessions
What Occured Previously:
- Entry was correct but due to market conditions, the stock missed our Target Level and reversed completely
- Got stopped out at cost for a no-loss
Thereafter:
- Re-Entry was taken at same Demand Zone levels previously marked
- Targets was same as before
- Target achieved with a strong up-move
* Disclaimer
✓ 16% Returns in 40 Trading Sessions
What Occured Previously:
- Entry was correct but due to market conditions, the stock missed our Target Level and reversed completely
- Got stopped out at cost for a no-loss
Thereafter:
- Re-Entry was taken at same Demand Zone levels previously marked
- Targets was same as before
- Target achieved with a strong up-move
* Disclaimer
- On a Daily Time Frame
- Stock is showing strenght even in this weak market
#traderyte #justdial