Actually I tried drawing ABCD over there but it looked to weird & on smaller timeframe I guess there is an ABCD pattern which justifies this up move in Justdial . I don't know why I see ABCD's only Lol !
I will search for other patterns or methods.... Either you can wait for Fib touch if you are fib user or bsaed on resistance n bearish confirmation you can take short trade in Justdial
I hope the chart is more of self-explanatory one !
Nifty played basketball in our plans to short :) lol
@HappyVijay, Hello buddy, Actually I expect a pullback only bcos if that happens there will be lot more bears coming in with more force. Its not as such 520 exactly, that zone so 515 to 524, I can't predict at which point it will reverse, just My view buddy :)