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It is showing perfect swing low and perfect swing high as per the theory of bounce.
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It is not a trading idea but an example showcase for later reference.
NSE: JustDial Dialing Breakdown below 459 to 410
Brief 1 year price range consolidation 640 to 360, price oscillating between this range
Chart is showing weakness built up. Triangle formation shown bearish move.
One can initiate Short at current level @ 476 with stop loss 498/512 for a target of 459, 410.
Break below 410 can push price further to 370.
Hey Friends,
Congestion in stock market trading is referred to the period when the stock loses its volatility and forms an area which is called as (VCZ) Volatility Contraction Zone. As a trader its our prime duty to identify the VCZ’s. Once we identify the VCZ then there are several steps to take to the benefit of a trader.
What to do if you identify...
NSE:JUSTDIAL ON CHART TO BE NEAR IN RESISTANCE ZONE, AND SEEM THAT TIME TIME IT WILL MAKE AT IN THIS GLOBAL WORRIES.
FOR ME JUSTDIAL IS GOOD TO BU ABOVE THE RANGE OF 515-520 CLOSING WITH HOLDING SUPPORT AT 458 AND TGT EXPECTED IT TO MOVE TOWARDS 550-580 LEVELS SOON.
DON'T BE IN RUSH TO BUY SEE THE HOLING IN CHART AND THEN GO FOR IT , :-) THATS WHAT I...
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NSE:JUSTDIAL
![JUSTDIAL: [Positional] Justdial Perfect Swing Completion Bet](https://s3.tradingview.com/o/oBdGRB5o_mid.webp "[Positional] Justdial Perfect Swing Completion Bet")
