JUSTDIAL trade ideas
just dial it right stock after a rallied from 360 to 600 and odd levels. From then on stock is trading in lower top lower bottom in the process formed a downward channel.
Now trading at channel resistance level.
stock showing weakness towards 497/477
red triangles in the charts are earlier views posted
Buy Just Dial Fib Retracement(38%)Strong Support..and alos 38% Fib Retracement.
Buy CMP 521
Target- 537,552,560
Stop loss:506
Just dial Short for Day trading I'm going to wait if the price retraces little bit ,if failed to retrace I will go short on CMP with Stop of 525 for Target of 510/505
if price gaps down in fear further downward trend I will wait because there may be likely the price will retrace if gap down in opening ,if gaps down and no follow through I will stick to my plan
So lets see what happens on Monday
Cheers
JUST DIAL HEAD & SHOULDER PATTERN There is head n shoulder pattern on dis stock once it break its neckline which is at arround 518 level on can short for huge return. entry stop loss and target given on chart..
hit like if you agree with my plan i really appreciate your support .
regards
king999
JUSTDIAL - RESISTANCE REVERSAL The stock has reversed from its resistance point of 620.
Levels of 530 may be seen in coming days.
Justdial-At Support-Formed Bullish Engulfer.Justdiall is At Support (As Shown In The Chart Indicated By The Rectangle Boxes),And it Has Formed Bullish Engulfer , Seems Good Buy At This Level For Short Term Target Of 615.
will just dial give second dip???after a 5% fall on 22nd stock attempted a pull back but not able to surpass 589 and in yesterday's trade gave up all it's gains and formed a bearish candle and trading at bb mid band, might push towards lower band if 565 levels are broken tgt is around 550/525
just dail poised for a pull back towards 560/565 levelsjust dail all along was trading along upper band of BB the last peak failed to touch the upper band and showing signs of pull back stock might see a pull back towards middle band entry 595 sl 612 tgt 560/565
justdial - weekly trading zonefor educational purpose only - justdial is resting here for long 582 is the sl and for for short 620 is th sl (cash price). but a consolidation or bit correction till 550 is required.
JUST DIAL Long or Short ?I am Not sure of price holds low of 576 if it holds 576 and Rebound it will make 600 or 605 and if fails to hold 576 then it will Go down to 563 or 562
Stop would be in this case for short or Long should not be more than 5 Points +-
May be i Enter after signs of rebound towards Target of 600 with SL 573 and I will go short braking down 573 with SL of 578 to target of 563
Lets see what happens
Weekly Strong Positive Breakout in Just Dial (long) Recently, Just Dial has given a strong bullish move with higher volume on daily charts and a clean curve Bullish bollinger band expansion where candles are riding upper bands with a breakout over trend line ... Here is a beautiful risk and reward ratio for medium term investors with a TARGET of: 900+ within 2-5 months with a Stop Loss of 545..... CMP 583
justdial - a short candidatefor educational purpose only - just dial is a good candidate for short with sl 605 tgt 540
justdial - retracement for educational purpose - justdial failed to hold price above 540 short it with sl of 551 tgt 500
lets see if RSI and Trend line top gives us shorts.Looking for Short:
1] RSI
2] Trendline top
3] Fib level of previous down swing
justdial - exhausting uptrendfor educational purpose justdial just touched the fib .382 level of downtrend with doji at top means bulls are handing over the control to bears. sell below 533 with sl of 543.5 for target 520, 516, 495. rsi is in highly overbought needs some consolidation or some correction.
Just Dial: Is It a Wyckoff Accumulation Range ?The trend channel represents the channeling technique used by Wyckoff. After a throw-under, representing the Selling-Climax, price has bounced sharply, which is labelled as "Automatic Rally"
If the assessment is right, expect this stock to spend some time in the range marked by the magenta lines - 375-903.
JustDial - Big Trend Line Breakout It is been observed on the Weekly and Monthly chart that the price action was trading below the downward trend line, indicated a downward rally. Now, after 2 years, it has finally broken and closed above the trend line, indicating a strong bullish move ahead.
Regards
Trader's Queries : Just DialJust Dial line is going to be busy very soon as the price action has broken the long term trend line. Downward trend line is broken after a long duration of two years. Who have entered the trade earlier can keep their stop loss as 440. Targets are 480, 509. 530 and 560. Always use trialing stop to protect your profit.
Note : I am a private trader. I am not giving free/paid calls. I am not taking trading classes. I am here to improve my technical knowledge. This is my trading analysis journal.
