JUSTDIAL trade ideas
JUST DAIL NSE:JUSTDIAL
conditional buy call on daily time frame
buy JUST DAIL above @639 - 640
target : 742-750
strict sl : bellow 598 to 590
breakout candle (above 640) close
holding time : target will be archive to next 36 candle after breakout
Disclaimer : Education purpose only, Before take any position consult with your financial adviser
JUSTDIAL - Bullish Reversal BreakoutNSE: JUSTDIAL is closing with a strong bullish breakout candle supported with high volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days and moving along the trendline which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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Disclaimer:
This is for educational purposes only.
JUSTDIALAggressive trade in Justdial
Stock is making higher lows with increasing volume gives indication of strength in stock.
Recent 4 doji candle formed suggest no movement as sellers and buyers waiting for breakout on smaller timeframe..
So if price breaks and sustain above 620 on 15 min chart then price can reach to target.
RR - 1:8+
Note - For educational purpose only..
BEARISHNESS in JUSTDAIL (Positional)NSE:JUSTDIAL
Justdial stock is looking bearish to me. The stock price has breakdown from the Trendline. This price is trading below the moving averages which shows bearishness. The MACD has given a bearish signal. The RSI is also below 50 which show weakness. This view is for 1 to 3 months. The SL Level for this stock is around 615 level, and the Target is around 495 levels.
Disclaimer : This is my own view and analysis. This is for educational purposes. This is not a recommendation, call or a tip.
JustDial | positional buy trade.NSE:JUSTDIAL
It closed above 200DMA with higher volume than previous day fall.
next immediate resistance is at 950 level.
Above 950 is safe buy till 1000 level. And above 1000 level it can hit 1040 and 1070 & 1105 level in short-mid term.
Keep SL below 880 level range if you are going to take fresh position from above 920 level.
Justdialthe company has come out of the accumulation phase after a long downtrend and after breakout again retest of its breakout level and is ready to continue its uptrend...al moving avgs are in inline , rsi in daily , weekly and monthly showing signs of strength...price action and volumes are in sync...entry , tgt and sl as shown in chart