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 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
Buy 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.
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 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
Long just dial at current levels
Candle stick formation looks good in weekly chart with multiple rejections from a high demand zone and also a harmonic bat reversal pattern
Confirmation can be buying above 800 level
Possible targets on charts
SL of around 8-10%
Great risk reward NSE:JUSTDIAL
BUY JUSTDIAL at CMP
Trade Setup WIT
Target and stop loss mentioned on chart
Initiate trade according to your trade plan, This is for education purpose only.
Just Dial is a risky bet considering the sluggish financials of the company.
However, as per stock's past trend, return of 50% can be achieved in very short span of time (within 20-25 days). Keep a strict stop loss as shown in the chart and hold the position for minimum 50% return on the up side.
Long just dial above 800 . All important levels are given on charts. Very high probability to stock move up from the current level. The bullish green candle is seen at the support level. Also RSI level indicates the movement of stock & forms a positive divergence. This is for your educational purpose only.
