buy JUSTDIAL above 555 tgt 565/575 sl 540
Primary trend of the JUSTDIAL is bullish and After
showing correction from the higher level, now stock is trading in short term
recovery phase, it is likely to continue the upside move in near term with the
crossing of the resistance level of 45 as the stock is managing to sustain
above the level of 500. One may get the targets of 565,575 in the stock with
the stop loss of 540.After giving breakout of its MONTHLY PIVORT POINT range
bound movement, it is forming continuation pattern in short term charts, it is
likely to continue the positive movement with the breakout of the pattern at
the levels of 556 ; as the stock is managing to trade above its 22 and
55&200 days moving averages with the RSI of 55, first resistance level seen
on charts at 569.
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