Just Dial Limited (JUSTDIAL) Stock - Complete Technical Analysis - Sep 20, 2024

Just Dial Stock Analysis Trading Insights & Patterns You Can't Miss

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investing in stocks involves risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions. Just Dial Limited is currently trading at 1182.10, which places it about 14.59% below its 52-week high of 1383.95, reached in August 2024. The stock shows a significant increase of approximately 70.56% from its 52-week low of 693.05. With a P/E ratio of 53.2, the valuation reflects investor expectations for growth, although the ROCE and ROE suggest moderate profitability.

From a technical perspective, the stock's current RSI indicates it is nearing oversold territory, while the MACD suggests bearish momentum. The presence of a shooting star pattern indicates potential resistance at higher levels, while the recent bullish harami pattern offers a glimmer of hope for reversal. The ADX reveals a weak trend, indicating that traders should proceed with caution. Key support levels can be identified below the current price, while resistance is observed around previous highs. Traders may want to closely monitor volume and price action around these levels for potential trading opportunities.