Just Dial Short term pick
Date :- 27-01-2016
- Just dial is in clear down trend from 5-Aug-2014.
- At current level ie 730-770 it is observed that stock is consolidating and trend has changed to side way
- It has also consumed more time for deflation as compares to its previous rally.
- Price has move in perfect channel which indicates that fall is not impulse.
RSI on daily chart is indicating some bullish consensus and indicating demand zone near 730-770 area.
One can buy just dial with the stop loss of 725 for the target of 830-875-910 (for trader)
Investor can buy with same stop loss and may wait for higher targets , may expect 25%-30% return if it does not trade below 725 level on closing basis.
Report prepared by :-
Nayak Ajit Srinivas
Note :- Report prepared for educational purpose only , trader or investor need to do their own analysis .Author is not responsible for any loss .
just dial.pdf (149.8 KB)