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Kunal-Battu

BEARISHNESS in JUSTDAIL (Positional)

Short
JUST DIAL LTD (NSE:JUSTDIAL)  
Kunal-Battu Updated   
NSE:JUSTDIAL   JUST DIAL LTD
Trend Analysis Chart Patterns Technical Indicators indianmarket indianstocks Bearish Patterns shortsetup justdail Trend Line Break
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trendanalysis chartpattern indicator indianmarket indianstocks bearish shortsetup justdail trendlinebreak
JUSTDIAL

Justdial stock is looking bearish to me. The stock price has breakdown from the Trendline. This price is trading below the moving averages which shows bearishness. The MACD has given a bearish signal. The RSI is also below 50 which show weakness. This view is for 1 to 3 months. The SL Level for this stock is around 615 level, and the Target is around 495 levels.

Disclaimer : This is my own view and analysis. This is for educational purposes. This is not a recommendation, call or a tip.
Trade closed: stop reached
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