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Price and trend forecast of JUSTDIAL for Tomorrow, Weekly, Monthly

Just Dial Limited

Symbol: NSE:JUSTDIAL

ISIN: INE599M01018

973.80

As on 2024-05-17

672.95 (52W Low) 1,162.00 (52W High)

JUSTDIAL's Today's Performance

Just Dial Limited started the day by opening at 990.00 today 2024-05-17. Its shares reached a high of 995.00 and dipped to a low of 968.00 in intraday. When the markets closed, JUSTDIAL’s stock price settled at ₹973.80 per share. Also check out its key support and resistance levels.

JUSTDIAL Buy/Sell Targets

Tomorrow, sell JUSTDIAL when its price reaches ₹ 973.80 with a stop-loss order at ₹ 989.20. You can set the target price as ₹ 958.40 to capture potential gains. This sell position balances the risks and rewards evenly, aiming for a 1:1 risk-reward ratio.

In the sections below, we will discuss detailed share price target of JUSTDIAL for tomorrow's session along with weekly levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.

Important Down levels for JUSTDIAL

Downside Targets Value in ₹
Tomorrow Down Target 1 990
Tomorrow Down Target 2 1,006
Tomorrow Down Target 3 1,017

Important Levels for JUSTDIAL

Holding Levels Value in ₹
Tomorrow Up Target 1 963
Tomorrow Up Target 2 952
Tomorrow Up Target 3 936
Based on where the stock opens tomorrow, if JUSTDIAL opens on a positive note, our first target will be ₹990. If Target 1 is achieved, we will aim for Target 2 which is ₹1,006.

But if JUSTDIAL falls below the average value of ₹978.93, you can enter a sell side position with target number 1 - ₹963 and second target - ₹952 This average value also act as support and resistance level. When the stock is trading above the average, it will act like support area. Another important thing is, stocks usually get back to this average value when the price trades too far from avg. In simpler words we can consider the average price as a magnet.

Daily Volume chart of JUSTDIAL

Looking at JUSTDIAL, we've seen a Decreasing trend in its trading volume over the past week, which really tells us how active traders have been with this stock.

In terms of its price, JUSTDIAL has been on a Downward path, giving us insights how its value changes in the market.

Based on this, the predicted sentiment for JUSTDIAL is moderate bearish.

Tomorrow's Volume based share price Forecast for JUSTDIAL

JUSTDIAL's Volume is currently in a Decreasing trend, and Price is in a Downward direction. Therefore, we can say the stock is in a moderate bearish trend. Volume trend strength over the last month compared to the last week is -83%.

Reversal detection for JUSTDIAL

Predicted trend chart of JUSTDIAL tomorrow for price forecast
JUSTDIAL may trend may continue to be bearish since stock is making lower low and we can get target of ₹991 in morning tomorrow
Target 1 tomorrow989
Target 2 tomorrow996
Target 3 tomorrow1006
 

Investferry’s trend analysis method detects short term overbought and oversold situations to identify reversal in stocks. Use this as reference for short term counter trend trades.

Combine this trend forecast with JUSTDIAL's tomorrow's target prediction and you will have a base for what can be done in the upcoming trading session.

Based on where the stock opens tomorrow, if JUSTDIAL opens on a positive note, our first target will be ₹989.87. If Target 1 is achieved, we will aim for Target 2 which is ₹1,005.93.

But if JUSTDIAL falls below the average value of ₹978.93, you can enter a sell side position with target number 1 - ₹962.87 and second target - ₹951.93

JUSTDIAL's Weekly Targets
1st Up Target 1,006.50
2nd Up Target 1,039.20
1st Down Target 953.55
2nd Down Target 933.30

As the week for JUSTDIAL ended on bearish sentiments, we can expect further continuation of this sentiment. JUSTDIAL's initial target will be 1,006.50 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 953.55 in the upcoming week.

Weekly OHLC Values
Open 975.05
High 1,018.95
Low 966.00
Close 973.80

Week for JUSTDIAL started with an open price of 975.05, and the close was at 973.80. JUSTDIAL reached the highest of 1,018.95 and dipped lowest up to 966.00 last week. This indicates a bearish sentiment for the week.

JUSTDIAL full month swing targets
Monthly Up Target 1 1,059.45
Monthly Up Target 2 1,092.15
Monthly Down Target 1 900.60
Monthly Down Target 2 827.40

Targets of ₹1,059.45 can be expected to be reached in the coming month. Once JUSTDIAL achieved this target, we can aim for the next upside target of ₹1,092.15.

JUSTDIAL if fails to hold upside, down targets of ₹900.60 and ₹827.40 can be achieved by end of this month.

For complete three weeks if JUSTDIAL is bullish, the stock may decline in the last week on the month as traders usually close their positions. So in this case, you should aim for weekly support level which will act as targets here.

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Summary

JUSTDIAL is expected to reach the target of 989.87 in tomorrow's trading session.

After achieving the initial target in JUSTDIAL, we will aim for higher targets of 1,005.93 tomorrow.

However, if JUSTDIAL starts to trade below ₹978.93, then we will shift our focus to the sell side and aim for down targets of 962.87 and 951.93.