JUSTDIAL - SWING TRADE OPPORTUNITY

NSE:JUSTDIAL broke out of the symmetrical triangle with huge volumes and wide range bullish candles. The stock is constantly taking support from the lower trend line. The stock broke out of the long term resistance (770-780 levels) with good volumes and also made retest there by taking confluence of support from the trendline and key level(770-780 S/R Flip). The stock can rally to 1050 , 1260 levels. The Scrip is also forming Higher Lows as marked in Chart.
This is just my view please consider your analysis before taking any trade with proper risk management.

Kommentar:

As mentioned the stock has achieved 1050 levels today and is looking good for 1260 levels