做多

JUSTDIAL [for swing]

JUSTDIAL [for swing trading ]

This stock Multi-year breakout with high volume spike today getting last movement upper circuit so .. buyer are very aggressive looking .

Price Pattern:
There is a cup and handle pattern forming, with the cup's bottom forming around the 2022-2023 period and the handle forming recently.
The breakout from the handle is a positive sign and could lead to a strong upward move if it holds above the resistance.

Trend Channel:
The descending channel (handle part of the cup and handle) is shown, and the recent breakout from this channel is a bullish signal.

Targets (TRG):
The chart shows two target levels: the first target (1st TRG) around 1400 and the second target (2st TRG) around 1800. These levels can be considered as potential profit-taking points.

Volume Spike:
The green arrow indicating a volume spike suggests increased buying interest. This can be a sign of accumulation, which is bullish.

Swing Trading Points

Entry Point:
A good entry point would be on a pullback to the breakout level, around 1200-1250, which is now a support zone.
Stop Loss:
Place a stop loss below the support zone, around 1150-1180, to limit potential losses if the breakout fails.

First Target (1st TRG):
Aim for the first target around 1400, as indicated on the chart. This level is likely to encounter some resistance.

Second Target (2st TRG):
If the price momentum continues, the second target around 1800 can be considered for additional profits.

Volume Confirmation: