JUSTDIAL - 3 Years Consolidation / 10 Years Downtrend Breakout
JUST DIAL LTD
1) Time Frame - Monthly.
2) The Stock has been in a Consolidation since (June, 2021) & in a downtrend since (August, 2014). Now It has given a Consolidation and Downtrend breakout & Closed above it's (June, 2021) High with good bullish momentum candle & with good volume in Monthly Time Frame.
3) The next resistance would be it's Life Time High (1894.40) in the long term.
5) Recommendation - Strong Buy
1) Time Frame - Monthly.
2) The Stock has been in a Consolidation since (June, 2021) & in a downtrend since (August, 2014). Now It has given a Consolidation and Downtrend breakout & Closed above it's (June, 2021) High with good bullish momentum candle & with good volume in Monthly Time Frame.
3) The next resistance would be it's Life Time High (1894.40) in the long term.
5) Recommendation - Strong Buy
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