InsiderB
Short

JustDial : The Call Continues...

NSE:JUSTDIAL   JUST DIAL LTD
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 !
Comment: Nifty played basketball in our plans to short :) lol
Tussy Great ho!!... bigda kaam bana diya.
+1 Reply
Hi ! Justdial on Daily Chart is JUST under 200EMA which is 511 ... which matches with ur view that it can go down... but are you saying it will first pull back 520 which may be 61% of last leg ?
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InsiderB HappyVijay
@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 :)
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HappyVijay InsiderB
@InsiderB, Thanks :)
+1 Reply
InsiderB HappyVijay
@HappyVijay, Cool !
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