Wednesday, August 30, 2017

TECHNICAL VIEW ABOUT JUSTDIAL FOR 31 AUG 2017

YESTERDAY'S RELINFRA ALMOST ACHIEVED FIRST TGT  MADE A HIGH OF 514 
buy JUSTDIAL above 380 TGT 390/400 SL 365
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 372 ; Overall trend of the stock is bullish and after experiencing correction from the higher level. as the stock is managing to trade above its 22& 55 days moving averages with the RSI of 57, one may expect the targets of 377/385 in the stock if it manages to sustain above the immediate support level of 363. 200 EMA can see as a strong resistance at  200 EMA 445. it is likely to experience fresh buying with the crossing of 200 EMA , where one may keep the targets of 450,470 in the stock with the stop loss of 350.

DAILY CHART FOR JUSTDIAL:

1 comment:

  1. I have 5 lot nifty 9900 call @ 17 .what can I do.

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