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I closed this position a few days ago since it reached a key inflection level. As expected, the price did crash afterward. However, I still believe that the price may rally further upside towards the upper trendline of the parallel channel. But this move might take time, and there are better opportunities that I can capitalize on in the meantime. Hence, I decided...
Justdial is the market leader in local search engine segment in India. The Company provides local search-related services to users across India the profit for the same have zoomed more than 100% also the company has diversified itself into various sub-divisons . it has great momentum and a prolonged rally can be witnessed within coming weeks
JUST DIAL (1W TF) - Swing Trade Analysis given on 9th Feb, 2024 Pattern: CUP AND HANDLE - Breakout - Done ✓ - Volume Spike at Resistance - Done ✓ - Retest & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #justdial #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia #investment
Wait for pullbacks or consolidation then enter. Each entry should not have more than 7-8% stop loss.
Just dial looks positive for a long term. in the hand of reliance industries and available at great valuations.
JUSTDIAL is testing its 10 years old TL and Important resistance zone. Target- 1100
All details on chart. Do not trade without a Stop Loss. --- --- --- Goals are good to give our life meaning and a direction, but they are powerless without the support of habits !
➡️Promoter- Reliance ➡️investments + other assets= 4374 cr ➡️outside liabilities= 757 cr ⬆️fixed assets, sales, margins, EPS Cons: pledged shares
Improving Fundamentals Higher highs higher lows Mid to long term 6-12 months cmp 888 sl 690 target 1600
Justdial is a buy with the target of 1250. Posting a good results since last couple of quaters it's definitely an undervalued. Investors can also look for entering for long term.
patterns forming on weekly timeframes , fundamentally also stock looks good and if you compare it to its peer indiamart , comparatively this seems at a cheaper valuation
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
-Justdial is lookig good in current market price -rise in momentum with indicators -strong pullback from lower levels shows strenghth
trend line breakout with good volume Upcoming levels can be seen in chart. Trail Stoploss with moving average.
We haven't got the entry yet. Only buy when the daily candle closes above 454 with backing high volumes
In the Weekly Chart of JUSTDIAL , we can see that, it has retested properly and now it has created a Pinbar. Enter on breaking its high with low as SL. Also, we can see that it under the formation of a big Cup & Handle. Keep in radar for better % of gains.
Justdial gave a dream run from 565 to 1100+ and we also saw a good retracement from top. The zone 673 - 653 looks a good demand zone and one can stat accumulating the stock for good returns. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team