rahul.u.bhagwat

JUSTDIAL : A Watchlist Candidate..

Long
NSE:JUSTDIAL   JUST DIAL LTD
Just Dial is forming a Bullish Divergence in Daily Charts .

Its Downward momentum is steadily loosing pace. It is a Buy candidate, but a smart entry is needed.

Keep it in the Watchlist & wait for the DM+ to indicate its willingness to move above DM-

Buy when bulls show signs of re-entering, possibly near 341 with a 1.5% Stop Loss for Targets towards 412.

Comments

Same view here is the setup I'm looking for (Bought at 350, with an SL 340 and Target above 400)
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