BUY JUSTDIAL ABOVE 540 TGT 550/555 SL 530
Primary trend of the JUSTDIAL is bullish and after giving breakout of its 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 545 ; Overall trend of the JUSTDIAL is bullish and after experiencing small correction from the higher level. as the stock is managing to trade above its 22& 55 & 200 days moving averages with the RSI of 65, one may expect the targets of 550/555 in the stock if it manages to sustain above the immediate support level of 530. 550 level can see at strong resistance in intraday charts. it is likely to experience fresh buying with the crossing of 545.
DAILY CHART FOR JUSTDIAL:
No comments:
Post a Comment