JUSTDIAL trade ideas
Beaten down stock. Reversal possible. Strong volumesStock was in downtrend. Today it has formed a very strong candle which closed above AVWAP and High Volume Node
Just Dial AccumulationWyckoffian Accumulation structure in JD weekly chart can see a big rally in months ahead with the cause being built from the accumulation range, although SL will have to be wide(recent pivot/swing low) so position size need to be adjusted accordingly
Just Dial Price Action : Hammer
Time Frame - Weekly
Bullish
Hammer at the Bottom indicates Reversal. So Bearish trend have strong chance to reverse. Buy above Hammer provides good risk reward ratio
Just Dial RSI DIVERGENCEJust Dial RSI DIVERGENCE - Daily Chart
Price Action : Bullish Harami
Refer Chart for Target , Stop Loss and Buy.
short cover swing trade - small stop lossscript corrected 34% from previous peak now at monthly support
can be short term swing trade with small stop loss
ask for execution detail in comment below
JUSTDIAL-LONGJUSTDIAL is looking bullish , can buy at current price.
Disclaimer - Only for educational purpose.
JUSTDIAL - Bullish BatEntry Price - 790.40
Stop Loss - 727.8
Target - 1030.95
Note: For Educational Purpose Only
JUST DIAL At / Below Support Trendline - Buy on DIPDetails on Chart.
Note: This is for educational purpose only
Just dial Long just dial at current levels
Candle stick formation looks good in weekly chart with multiple rejections from a high demand zone and also a harmonic bat reversal pattern
Confirmation can be buying above 800 level
Possible targets on charts
SL of around 8-10%
Great risk reward NSE:JUSTDIAL
BUY JUSTDIAL - LOOKING BULLISHBUY JUSTDIAL at CMP
Trade Setup WIT
Target and stop loss mentioned on chart
Initiate trade according to your trade plan, This is for education purpose only.
Buy JUST DIAL_Target more than 50% in a monthJust Dial is a risky bet considering the sluggish financials of the company.
However, as per stock's past trend, return of 50% can be achieved in very short span of time (within 20-25 days). Keep a strict stop loss as shown in the chart and hold the position for minimum 50% return on the up side.
Just Dial share to take long entryLong just dial above 800 . All important levels are given on charts. Very high probability to stock move up from the current level. The bullish green candle is seen at the support level. Also RSI level indicates the movement of stock & forms a positive divergence. This is for your educational purpose only.
Divergence in JUSTDIAL stocka divergence their in just dial stock. for now waiting for rsi to break it's structure. keep in watchlist :)
JUSTDIAL demand supply temporary mismatchJustdial open offer closed today with tendering of 121% of shares from the limit of open offer...substantial free float supply has been sucked in from the market.. any spike in demand can bump up the share price in the very short term... in this interim period price has been moving in boxes of tight range of 30 - 40 rupees as an Institutional Investor was offloading at every small rise...
Just observing temporary demand supply imbalance on share price
JUSTDIAL narrow range breakout.JUSTDIAL is stuck in a very narrow range, between 983 and 945. Generally when price moves out of the range, on which ever side it does, it travels further in that direction for about the width of the range. One can go long or short keeping the following levels in mind:
LONG ABOVE: 983
STOP LOSS: 945
TARGET: 1021
SHORT BELOW: 945
STOP LOSS: 983
TARGET: 907
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Manage your risk and trade your plan. :)
JUST DIALWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
Just Dial, the next impulsive moveWill this be a little trophy in the cabinet of Reliance whom the investors will shun or is it going to continue its way up??
One has attempted to make a novice wave count and this makes me conclude that the price could be coming to the end of minor wave 4 correction and would begin its final 5th minor impulse.. keeping wave 5 equilevel as wave 3 (could be .618 level as well which would be around 1250), the target is derived at 1420 approx....1050 is an important resistance level to cross for anything to happen....
Saving the idea for following up in future...absolutely no experience in wave counting..could may well crash by a massive 400 rupees as well if its out of the parallel channel
JUST DIAL expecting potential breakout Details have been provided in chart.
Note: Educational purpose
