E-Commerce Sector Reversal2.92Y ATH breakout. Few weeks tight consolidation by taking 38.2% Fib level support. E-Commerce stocks looking great to increase allocation. Custom index atleast have 10-12% potential
JUSTDIAL
Change of Polarity With Good Q2 Results.NSE:JUSTDIAL on Weekly Timeframe Changed its Polarity (Resistance acting as Support),
After giving a Breakout and retesting it, it Accumulated in the 512-576 Range. Now, With Good Q2 FY 24-25 Results, it looks good for positional Techno-Funda Trade above 1400 Levels on the Weekly Timeframe.
NSE:JUSTDIAL is the market leader in the local search engine segment in India. The Company provides local search-related services to users across India in a platform-agnostic manner. The multi-platform offering includes an App (Android, iOS), a mobile website, a desktop /PC, voice, and text.
Check out my other stock ideas below until this trade gets activated, I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Just Dial Limited - Breakout Setup, Move is ON...#JUSTDIAL trading above Resistance of 1180
Next Resistance is at 1754
Support is at 817
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
JUST DIAL - Huge Potential | Multibagger PickPrice Analysis & Overview:
1. Reversal Started
2. Earnings are strong.
3. Weekly Time Trendline break and retest.
4. Moving with demand
5. Trying to break 2 years of resistance level.
Monthly Tf view:
Trade Plan:
Entry = CMP will be aggressive (SL will be big) / best entry will be around 900 - SL will be small and RRR will be favourable.
Long-Term View - Multibagger Pick
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
E-Commerce Sector breakoutAmong E-Commerce sector, Zomato, Infoedge(Naukri), FSN(Nykaa), One97(paytm), Indiamart, Easytrip, Justdial are the top 7 companies by M.Cap.
Created custom index among 7 and shows clear breakout in weekly chart & RSI
Among them Infoedge is profitable in 5Y period with good technical chart but high valuations
Just Dial: 134% upmove possible➡️Promoter- Reliance
➡️investments + other assets= 4374 cr
➡️outside liabilities= 757 cr
⬆️fixed assets, sales, margins, EPS
Cons: pledged shares
JustDail : Just B U Y it.trend line breakout with good volume
Upcoming levels can be seen in chart. Trail Stoploss with moving average.
JUSTDIAL COMING TOWARDS MAJOR DEMAND ZONEJustdial gave a dream run from 565 to 1100+ and we also saw a good retracement from top. The zone 673 - 653 looks a good demand zone and one can stat accumulating the stock for good returns.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
JUSTDIALJUSTDIAL:- The stock was running in parallel channel for a long time, now it has given a breakout of the upside trendline of that channel and is trying to sustain above the resistance, if it sustains, then you can make a plan for upside, till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Keep an eye on this explosive stock!Justdial is one cash stock which has always given wild intraday moves.
The stock has given a breakout of a resistance trendline and has given a weekly closing above the decisive level of 700.
This stock can blast in the coming week but be sure to book quick profits in the stock or trail SL. 790 happens to be the next major resistance but there are minor resistances at 727, 750.
This idea is shared for educational purpose and it is not a recommendation. Kindly trade as per your own analysis.
Just Dial Analysis Stock is trading higher high pattern on weekly TF and near to BO with good volume build up, follow chart for proper entry and exit levels.
IS #JUSTDIAL READY FOR U TURN??Trade Wisely. We Can Just Predict.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view please ask your SEBI Registered Advisor . Profit is your and loss is your.
If you love my analysis Like And Share wherever you want..
#JUSTDIAL will sustain this moveAfter a long consolidation phase stock has shown some move, if sustain above 630 buy for targets of 675-705 keeping supportive trendline @ 585.
JUST DAIL NSE:JUSTDIAL
conditional buy call on daily time frame
buy JUST DAIL above @639 - 640
target : 742-750
strict sl : bellow 598 to 590
breakout candle (above 640) close
holding time : target will be archive to next 36 candle after breakout
Disclaimer : Education purpose only, Before take any position consult with your financial adviser
JUST DIAL | FAST DOWNMOVE EXPECTEDJust dial forming a bear flag and breaking down below 580 will open gates for retesting 530 - 520 zones which was a previous low.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
JUSTDIAL - Huge buyingBuy above 898.40 for a Target of 957.55 with a stop of 875.40 or below
Justdial being in the business of Advertising should benefit from post covid lifting of restrictions.
Kindly refer chart for details.
Thanks & Regards,
Request you to post your comments or suggestion.
Looking good for 25%Looks like forming the double bottom pattern.
Potentially upside for 25%.
We can keep SL for the bottom line
JustDial | positional buy trade.NSE:JUSTDIAL
It closed above 200DMA with higher volume than previous day fall.
next immediate resistance is at 950 level.
Above 950 is safe buy till 1000 level. And above 1000 level it can hit 1040 and 1070 & 1105 level in short-mid term.
Keep SL below 880 level range if you are going to take fresh position from above 920 level.
JUSTDIAL Potential Up Trend JUSTDIAL
1.consolidation break out
2. good volume buildup
3. expect mention target levels coming soon
thank and regards ,
Mr. Middle Class Trader
JUSTDIAL ABOUT TO EXPLODEJustdial is trading in a Triangle Pattern and may breakout or break down anytime soon. Trade as per the opportunity for marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
JUSTDIAL-LONGJUSTDIAL is looking bullish , can buy at current price.
Disclaimer - Only for educational purpose.
