JUSTDIAL - RESISTANCE REVERSAL

Mar 22, 2017

The stock has reversed from its resistance point of 620.

Levels of 530 may be seen in coming days.

Mar 22, 2017

Note

Happened to be a good call. Came further down to 563 from 580 at the time of posting, which too was little late.

Mar 23, 2017

Note

23 Mar : forms an inside bar, exit shorts if it breaks today's highs.

Mar 24, 2017

Note

Breaks the high. Shorts exited at negligible gains.

Mar 24, 2017

Trade closed manually

Mar 31, 2017

Note

Almost reaches the target now..
Lesson revisited ; don't focus on candles and get out. Focus on structure.

Apr 5, 2017

Note

Target achieved and reversal from there again.

Apr 7, 2017

Note

Has broken the support. Too weak.