JUST DIAL
- JUST DIAL is currently holding very strong even if market corrects, stock is moving up slowly towards its major resistance 1775 (its previous top as shown in chart no. 1.). Chart indicates once stock closes above 1775 with volumes and stays above then Just Dial will favor bulls for next 1-2 trading days.
- Intraday close watch once stock starts trading above 1775, if stays above with volumes then intraday bulls action is expecting in Just Dial.
- Suggested Reading - BHARAT FORGE moving from support and on the verge of bullish breakout.
- Chart also indicates stock is moving in a Up Channel formation in daily chart as shown in chart no 2. this indicates as long as stock moving in its channel it will favor bulls and stock will get strength. But if stock breaks its channel and comes down then bears will get active in Just dial and stock to see some selling pressure.
- Technical Chart also indicates stock is holding its 20 days moving average, from last 4 times. Stock always touched is 20 DMA and bounces back, as long as stock holds above it will favor bulls ( as shown in chart no3). If stock closes below its 20 DMA then weakness is expecting. Close Watch.
- Click here to see all the trading reports (tips) published by us on JUST DIAL (as per technical analysis point of view).
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