Just
market is in correction modeMarket right now is in correction mode because of negative news hwoever for longer time horizion market is set to perform bullishly
Just Dial is ready to make a W pattern on 9th July 2020.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
just dial targets for short term are 341.50/293.20Based on full candle body cross above or below of green line 317.55 lvl..
30min..
JUST DIAL is in the HUGE #BULLISH Triangle. . . ELLIOTT WAVEJUST DIAL is in the HUGE Triangle. . . ELLIOTT WAVE ROXX. . I LOVE EW A LOT !!!
I HOPE YOU ARE LEARNING SOMETHING NEW FROM ME. THANKS.
Huge sell off seen on a Monday. Just Dial seems weak Just Dial might test 520 to 515 levels in short term keep a watch
'JUST DIAL' YOUR BROKER AND START BUYINGDouble bottom in monthly charts.
Breach of trend in weekly and daily.
Heavy volume on green days only.
The company just bought back shares last week around 395-400 levels.
are few reasons to long on this counter.
i will also mention - apart from trading, i see potential for investment on this counter too with target of atleast 650.
The company shall be a leader in the mainstream indices in future.
Animesh Vashisht
