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Just Dial Ltd - Parallel Channel - Fib - Short
JUSTDIAL LTD.
Short
Just Dial Ltd - Parallel Channel - Fib - Short
By Caapinves
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Nov 27, 2020
2
Nov 27, 2020
Just Dial has support @ weekly time frame at 580 and Resistance at 772. Also It has support @ daily time frame in 325, 442 and Resistance at 660.
As per Fib retracement level, already the script has broken levels 0.236 - 385, 0.382 - 469, 0.618 - 605 and 0.786 - 701.
Now the script was retraced to 0.618 - 604.
If the script break the retracement level of 0.618 - 604 and break the weekly support of 580, then the script we further retrace to 0.382 - 468.
Entry- below 580
SL - Above - 660
Target - 468-470
Disclaimer: Kindly do your own analysis before executing the trade.
Fibonacci
Multiple Time Frame Analysis
Support and Resistance
Caapinves
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