notadailytrader

NSE-Just Dial-Long

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NSE:JUSTDIAL   JUST DIAL LTD
Triangle Formation (Flag) breakout , Price Action on hourly chart, Plus MA Crossover (50,200) on both hourly and weekly chart, if Just Dial crosses 50 MA on daily chart(which is currently at Rs. 728) a long position can be taken for sept. ending, with risk to reward ratio of 1:2.32. 50 MA on daily chart can also be considered as a important support level after it crosses that. For targets and stop loss level look at the charts.
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T1 achieved.

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