JUSTDIAL
Just Dial share .Share of Just dial trading in the zone for the last 12 days. Now forming a triangle pattern on 1 hour time frame. Let's wait for the BO or BD of the pattern accordingly will take the entry in the trade but more probability of BD is possible & will take confirmation before taking the entry. So add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Short JustdialIt is breaking head and shoulder and wave ABCDE patter.
Target can be 362 for wave pattern
And for 340 for break of head and shoulder pattern.
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
swing trade for just dialswing trade for just dial
inside pattern
wait for break
enter with proper stops as per your risk
take 50 out with 1:1 and leave rest till target keeping stops at breakeven
happy trading :)
Justdial Resistance BreakoutJustdial is on the verge of majort breakout from the resistance level drawn.
keep an eye. can be massive
Just Dial Short Near TermThis is presenting a good shorting opportunity at the current levels as the stock may retrace to the lower levels of 330. If that low is broken then the next target would be 305. Just Dial did have a good earnings report though but has faced a sell of intra-day nonetheless.
JUSTDIAL Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Don't Just Dial, Take a Call Bearish Rejection at 407, wait for market open to see more rejections and as I said don't just dial, take a call, risk to reward is good on this one. Protect your money and use proper risk management.
About me:- This is your own scammer demo trader who lived in the stone age era & gained immortality by slaying a Ninja Dragon & his unicorn friend about 2.6 million years ago, then the ninja dragon's master challenged me to fight him for his time travelling rainbow coloured shining sword & his rented Ferrari, of course after beating him as well I used his travelling sword along with rented ferrari came down here in the modern age of 2020, sold his ferrari and managed to gather some money for this trading.
Disclaimer:- Don't Listen to me, I'm not a financial advisor
JustDial Structure Break...JustDial Structure Break...
Target(61.8 Level)
Levels mention on chart...
Part 1: E-Wave Discussed on JUSTDIALSell 459/465 and final 485 for targets (A)corrective wave at 427 and 405-495
Rising Wedge1) Short below 360 on break of trend line and 50 EMA with confirmation, can move towards 320
2) Bullish above 415 for targets of 460 and 500
Just Dial share on bullish mode at the BO levelWe have seen on daily chart of Just Dial the major break out given above 400 level and well sustain that too. Now the for next level of the stock is 425 once the stock cross the level of 430 next target of the stock is 450 level in coming days. Now stock is moving above the 50 EMA . So add the stock in your watch list
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
JUST DIAL Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
JUST DIAL SHORT VIEW (Due to Divergence)NSE:JUSTDIAL
JUST DIAL seems to negative to me for 2 reason
1. Below 200 EMA
2. Making divergence
JUST DIAL- FOR SHORTERS OR LONGERSJust dial looks range bound,
the kumo cloud indicates neutral signal
Buy above 350 for immediate target 367
Sell below 338 for targets of 325
