Justdail
BEARISHNESS in JUSTDAIL (Positional)NSE:JUSTDIAL
Justdial stock is looking bearish to me. The stock price has breakdown from the Trendline. This price is trading below the moving averages which shows bearishness. The MACD has given a bearish signal. The RSI is also below 50 which show weakness. This view is for 1 to 3 months. The SL Level for this stock is around 615 level, and the Target is around 495 levels.
Disclaimer : This is my own view and analysis. This is for educational purposes. This is not a recommendation, call or a tip.
Reminder for you JUSTDIAL. Get ready.Stock looks good for long with a range of trade 471-493 . Obviously rage is too long and far, therefore I suggest trade anywhere is your own stop loss for long.
Easy target 546 and 673 investors target.
Trade SETUP example:
1) Buy 488 and,
2) next trade to buy at 473 .