JUSTDIALJUST DIAL (WEEKLY):- Breakout done at 820 (Today)
buy on dip 900/875 level for target 1300 Stop loss (700 DCB)
Justdialtechnical
JUST DIAL IS A BUY at this level.Please see the chart for all the marked levels, aggressive traders can enter now and laid-back traders can wait.
Justdial looks weak below 605If stock trades below today's low 605 then we may see targets marked with blue lines soon.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
JUST DIAL: Better to give missed call...again. :)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 !!
Just Dial - Bullish Engulfing at channel supportNote: This is for educational purpose only.
There seems to be a bullish engulfing at channel support. RSI below 50 which is in bearish zone.
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 Structure Break...JustDial Structure Break...
Target(61.8 Level)
Levels mention on chart...
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
