TradingView
DSKF16
Jun 25, 2017 10:33 AM

JUSTDIAL: Is NEW MOON, after Eid al-Fitr? Long

NSE:JUSTDIAL1D
JUST DIAL LTDNSE

Description

⋅
JUSTDIAL: @ LTP @ 391.50 (Traded at 3.29.59 pm) Closing Price @ 391.4 (after Adjustment)
Is NEW MOON, after Eid al-Fitr ?
Candle Pattern: Possible MORNING DOJI STAR,
Reason: #1 Long Body RED Candle Having Negligible Lower & Upper Shadow on 22/06/2017.
#2 Bullish PIN (i.e. Perfect LONG Leg DOJI) on Last Trading Day (I.e. 23/06/2017)
WHY to LONG: Rest Mentioned in Chart.

Swing Target: @ 395, @ 397 - @ 398.6 (1st HZ), @ 402.6, @ 406.2, @ 408.3- @ 409.8 (2nd HZ)
M.O.R.E on Chart. (for Positional)
BEST Accumulating @ 387.5 - @ 378.20, Though @ 386 -@ 384.3 (BZ)
Stop Loss Zone: @ 369.20 - @ 364.4 (By Closing)
"HZ" =>. Hurdle Zone, "BZ" => Bounce Zone.

If helpful please Like/ Share / Comment to motivate.
Disclaimer: Only For STUDY. For taking Trade Decision Consult Financial Advisor.
Comments
PSYCHOLOGY_BREAKOUT_TRADER
⋅
as doji is formed there are chances of reversal I think,nice thinking bro,appreciate ur point of view
DSKF16
⋅
@bungankit, Look Snapshot, may be wrong because many times LOGIC Fails.

invst.ly/46-96
PSYCHOLOGY_BREAKOUT_TRADER
⋅
@DSKF16, ohh:(
ankit3000
⋅
No bullish sign in the stock so far.
Even there is a reversal candlestick but it needs a supporting candle to confirm the trend reversal. If Tuesday candle isn't a green one, reversal candle becomes invalid. Better to wait for confirmation as bears r in full control in d stock
DSKF16
⋅
@ankit3000, I never mentioned Bullish Sign. Predicted Bullish Pattern May Be Formed. Also mentioned Best Accumulate Zone (from where stock take some Bounce)

You raised an argument "bears r in full control" - If so Who LIFT the stock from Day's LOW @ 383.50 to Close @ 391.50 (approx 2.04%) also Close Above LOW (@ 390.55) of 22/06/2017 & Closed Only -0.36%. can say Bears are Loosing ground.
snapshot of price volume action in ast hour of trade.

invst.ly/46xs7
ankit3000
⋅
@DSKF16, I dont want to get any argument.
I just presented what I saw on chart.
A stock which is in strong downtrend, needs something as strong on chart to start a contra trend.
thats what I think. If u dont agree with me , its fine. I wont shoot any argument.

markets are supreme and they will answer each and every question. :)
Best of luck.
DSKF16
⋅
@ankit3000, Not Treat as argument. Open forum for Discussion. Rather View Exchange.
ankit3000
⋅
@DSKF16, thats so nice of u.
BTW, I expect more pain in Justdial.
DSKF16
⋅
@ankit3000, Today Close within mentioned yellow Circle. watching @ 369.20 - @ 364.40 Zone.
ankit3000
⋅
@DSKF16, 364 is not broken yet. 350 Looks prominent if 364 is broken decisively
More