Check out my analysis on longer time frame for Just dial to see why I am bullish on this.
This has a pretty good demand zone at 490-495 levels. It could retrace to the that level before starting the next wave up or consolidate at these levels for a day or two. Support and resistances marked on the chart. I would open a long position only after it breaks overhead resistance or wait for it to retrace to the lower support zone.
Good luck
This has a pretty good demand zone at 490-495 levels. It could retrace to the that level before starting the next wave up or consolidate at these levels for a day or two. Support and resistances marked on the chart. I would open a long position only after it breaks overhead resistance or wait for it to retrace to the lower support zone.
Good luck
Trade closed: target reached:
We broke The resistance and came back to our first support zone and hit the stop.
Trade closed
Trade closed