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Abhishek_TradersSin
Jul 8, 2020 3:06 PM

Just Dial is ready to make a W pattern on 9th July 2020. Long

JUST DIAL LTDNSE

Description

Please feel free to comment any doubts if you have , I have marked the level in the trade for tommorow.

Logic :
1. It is most likely to take last resistance as a support and bounce back.
2. RSI is in oversold zone (31).
3. Bounced back from this zone more than 8 times .

Setup :
1. 15mins Chart Time.
2. Target : 385 (The last HH which can act as a resistance)
3. Stoploss : 371 (Little higher than the previous high candle)
4. Risk : Reward is 5.2

Trade closed: target reached

Made a high of 383
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