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Justdial:346.60 double bottom, with positive Divergence,Res:436

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JUST DIAL LTD (NSE:JUSTDIAL)  
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Trend Analysis
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trendanalysis
Justdial:346.60 is at double bottom support area. My earlier post about the breakout from the falling TL didn’t attained the expected target690, but it reached 620 an came down. Here is another signal kind of a Double Bottom with a positive divergence in indicator. My minimum expectation is only 436. on crossing that level it can move to 620.
stop:327
Komen:
Moving up slowly
snapshot
Komen:
Going to be true again
Komen:
Good move
Komen:
365 zone worked as a strong support & reached the resistance level 435. Piercing through this resistance can take JD to 500 level. The MACD is in Bullish zone now.
snapshot
Komen:
Komen:
Towards the target 620
snapshot
Komen:
towards the target
Komen:
toward the target again
Penafian

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