MohammedJunaid

JUSTDIAL: RISK BUY@609 Target@739 SL@580

Long
MohammedJunaid Updated   
NSE:JUSTDIAL   JUST DIAL LTD
JUSTDIAL has extraordinarily beaten expectations with 20% rise in current trading session on volumes close to 5.30% of its average traded volumes. Above Ichimoku Kumo cloud, BB, TCFL, TCBM signalling a huge buying interest in the stock. Buy at 609 with SL of 580 and Target of 739. ----OR---- Buy little quantity at 609 and wait for stock to correct to 580 and buy more quantity there for targets of 739.

Please remember not to infuse 100% of capital in one stock. Markets give plenty of opportunities. Take this call at your own risk as technical analysis supports the stock, however, the stock itself tend to be volatile in nature.
Comment: If stock closes below 609, then exit the stock today. check by 3.15PM
Trade closed: stop reached: Stop reached. Exit the stock as updated yesterday.

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