Just Dial: Buy @ CMP 365.50, SL 310, Target 400, 527, 618....

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Just dial is a classic case of a developing major trend reversal. There is no clear traditional evidence of reversal on longer frame charts but on the weekly basis, it's showing clear signs of reversal. Since all this is happening near to the previous bottom, this weekly reversal becomes more significant. This is a medium term aggressive trade but with the lucrative risk reward. One needs to analyze this trade at every major pivot.

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Just dial was in upside momentum in todays session. Its long term reversal has been cpnfirmed by today's move. Stock has become buy on deeps candidate(SL 330).

I think Justdial will test Rs. 900 in next 2 years
bottomfishingCandlestick AnalysisJUSTDIALLONGmajortrendreversalTrend Analysis

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