Breakout done and Indicators are showing bullish signals. If it sustain above the target level, It may move further upside upto 760. In Monthly chart MACD crossover may happen on upcoming months. So it may show the positive momentum on upcoming weeks.
Vijayaraghavan,
Kovilpatti.
It has been following a downtrend with a trendline, and now it is in a very crucial position as it is currently in a no trading zone. It has taken support from that zone. The top and bottom if the no trade zone box is the execution point. If it gives a breakout from there, take a trade.
Closing above 450 may leads to good upmove
good volume seen from last few days
support at 400-410(which is also 78.6% fibbo level, and recent HL)
also above all important moving average
Here,,
Line Break chart is showing bullish potential break out in Justdial:
NSE:JUSTDIAL
1 Rounding Bottom with 1 Saucer Pattern from bottom.
Now, Breakout level : 392.55
If Line break break out above 392.55 then It will give us buying opportunity and triangle will be activated,
For Target 430, 600 Levels.
SL : 360 in Line break chart.
Risk is yours and...
Trend line Resistance at 395
200 DMA resistance at 418
One of the poorest performers in FnO since the march 22nd bottom. RSI had a good run.
Do you need justDial when you can log into Google.com.
It will be a good technical study to have AB endorsed brands vs Nifty 50 !!
