JUSTDIAL LTD. - NR9 pattern in Daily Charts!

2020년 7월 5일

JUSTDIAL LTD.

#JUSTDIAL is moving in a narrow range from more than a week now and has formed an NR9 pattern in DAILY timeframe.

The price is facing a strong SUPPORT from the DEMAND ZONE 378-381.

RSI is below 40 and represents downtrend.
TT2 30mins trend is Bearish.

Once the Demand Zone is broken with Volume and Conviction, the next Support on the Charts is 371. After breakdown, the Demand Zone will act as a Resistance.

On the upper side once the resistance level of 393 is broken, the next resistance is 406/413 on the 30mins chart.

KEEP AN EYE!!

***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.