JUSTDIAL narrow range breakout.
Updated
JUSTDIAL is stuck in a very narrow range, between 983 and 945. Generally when price moves out of the range, on which ever side it does, it travels further in that direction for about the width of the range. One can go long or short keeping the following levels in mind:
LONG ABOVE: 983
STOP LOSS: 945
TARGET: 1021
SHORT BELOW: 945
STOP LOSS: 983
TARGET: 907
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Manage your risk and trade your plan. :)
LONG ABOVE: 983
STOP LOSS: 945
TARGET: 1021
SHORT BELOW: 945
STOP LOSS: 983
TARGET: 907
_______________________________________________________________________________________________________________________________________________________
Manage your risk and trade your plan. :)
Trade closed: target reached
Long side target reached at 1021 on 07th October 2021.
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