JUSTDIAL trade ideas
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 looking weaksell below 371.4
easy target 360
Disclaimer : This is my personal analysis for study purpose not intended for trading.
[Buddha] JUSTDIAL Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Go Long on Just dial Intra week
There has been a cup and handle pattern being formed since a month which is reliable for a short term investment. Since couple of days the day candle has formed inverted cup and handle signaling change in trend from the support line of more than a months. Enter now with a stop loss of 368 or bellow on closing bases, which includes the safety of 1% from the support line. I would recommend you to exit before the 27 July, the quarterly results if you are eyeing for short term investment because poor performance in this quarter and poor quarterly results may lead, fall in stock price.
Traget 1: 411
Target 2: 426
All these Information is based on my personal knowledge and may be wrong, involves risk. This is Educational purpose to make my ideas reached to all, and investment at your own risk.
Be safe, and good luck for your Investments.
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
Justdial for 6% targetCharts has the details for trade
Justdial is inside a channel pattern and took support from the channel support
It also has trendline above breaking which has a resistance at 410-412
Go long above 415 for target 440 with stoploss 390
Stay Tuned for the NutsAnalysed levels mentioned on chart!!!
Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!!
[Buddha] JUSTDIAL Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
JUSTDIAL LTD. - NR9 pattern in Daily Charts!JUSTDIAL LTD.
#JUSTDIAL is moving in a narrow range from more than a week now and has formed an NR9 pattern in DAILY timeframe.
The price is facing a strong SUPPORT from the DEMAND ZONE 378-381.
RSI is below 40 and represents downtrend.
TT2 30mins trend is Bearish.
Once the Demand Zone is broken with Volume and Conviction, the next Support on the Charts is 371. After breakdown, the Demand Zone will act as a Resistance.
On the upper side once the resistance level of 393 is broken, the next resistance is 406/413 on the 30mins chart.
KEEP AN EYE!!
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.
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 :)
Just Dial Breakout Either Side 3 JulyJustdial is forming triangle breakout so wait for levels and trade accordingly
Views are for educational purpose Not a trading recommendation*
Support and Resistance are mentioned .
JUSTDIAL LTD (B 412 SL 400 TGT 421/427)JUSTDIAL LTD (B 412 SL 400 TGT 421/427)
#JUSTDIAL had given a breakout from the ascending triangle pattern with good volume.
RSI is at 60-level and is BULLISH.
TT2 Trend is BULLISH in 30 mins.
MAJORBANDS are in the BULLISH ZONE as well.
Look for a buying opportunity above 412. Once broken with volume, the next resistance is 421/427/441 on 30mins chart.
Nearby Support is 400.
KEEP AN EYE!!
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.
Just DialBuy above 395 with the stop loss of 392. Targets are 398, 401 and 404.
Sell below 389 with the stop loss of 392. Targets are 386, 383 and 380.
Justdial Resistance BreakoutJustdial is on the verge of majort breakout from the resistance level drawn.
keep an eye. can be massive
[Buddha] JUSTDIAL Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
