JUSTDIAL trade ideas
GO LONG in JUSTDIAL hold for Medium -Term $ Excellent Returns $Justdial performing good at results and the fundamental is strong in this company, as per candle break out buy at current level 583-586 and hold for medium term 2-3 mths expected target of 750, keep stoploss as 565(if day candle closes below).
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.
It may be noted that this stock is follow the channel, JustDial.If the previous record of this stock is checked, it may be noted that this stock is always following the channel . Presently price very near the value low where investors can take thei r position.
The current price is 550 - Support of value 525 nearby = 25 points patience is required.
You can make your Trade Setup by using this distance of the 25 points.
I will update shortly the daily chart for this stock.
Rising Wedge - Just DialAt present raising wedge pattern formed.... Targets and stop loss are mentioned in the chart.
t.me
Long ( Continuation Pattern ) This scrip has one more move left , wait for reversal day once it tag the entry price
and look book near forecast
BEARISHNESS ZOON IN JUST DIALJust Dial as short zoon for up coming weeks. now just dial has downtrend it was another advantage for trend followers.
NSE:JUSTDIAL
Fibonacci confluenceJust dial is in an uptrend with good volumes. The area of 596-600 is a confluence of two Fibonacci ranges. Sustenance above 600 can be used to initiate longs till 615 where resistance from 200 EMA can be seen. If 615 levels are broken, stock can travel upto 630-633 levels Intra-day.
