dravya

JUSTDIAL - RESISTANCE REVERSAL

NSE:JUSTDIAL   JUST DIAL LTD
The stock has reversed from its resistance point of 620.

Levels of 530 may be seen in coming days.
Comment: Happened to be a good call. Came further down to 563 from 580 at the time of posting, which too was little late.
Comment: 23 Mar : forms an inside bar, exit shorts if it breaks today's highs.
Comment: Breaks the high. Shorts exited at negligible gains.
Trade closed manually
Comment: Almost reaches the target now..
Lesson revisited ; don't focus on candles and get out. Focus on structure.
Comment: Target achieved and reversal from there again.
Comment: Has broken the support. Too weak.

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