Technically JUSTDIAL has no clear view. It Struggles to break double bottom neck line , if it Break and sustain above neck line then TGT must be above 600( Supportive market is also a need ).
As per my experience and looking at risk reward ratio... LET'S DO Speculation ;-)
Check out my analysis on longer time frame for Just dial to see why I am bullish on this.
This has a pretty good demand zone at 490-495 levels. It could retrace to the that level before starting the next wave up or consolidate at these levels for a day or two. Support and resistances marked on the chart. I would open a long position only after it breaks overhead ...
JUST DIAL MAKING FLAT BOTTOM PATTERN TO GO UPSIDE FOR 3-4 MONTH HORIZON
BUYING STRATEGY BETWEEN 505-520
TARGET -- 560 -- 600 -- 645
BUY ON DECLINE -- 480--500
STOP BELOW 470
TIME FRAME -- 3-4 MONTH HORIZON