I am bullish on this for three reasons:
1) A close above ascending triangle with a decent volume and a close above it signals a good upside run from here.
2) Price increase with an increasing open interest indicates a long build up
3) A gap open a few days ago which hasn't been tested.
Target 900 plus
1) Stock possibly in the process of rounding bottom (RdB) formation.
2) Stock is currently forming a strong rectangular base in the bottom, with the high of the base at the Stocks first ever price tick open.
3) Stock more likely to break the high of the base as significant volumes seen in last few trading sessions and...
JUSTDIAL TREND CHANGER LEVEL AT 431
LAST CLOSE AT 435.35
JUSTDIAL FINDING STRONG RESISTANCE AT 441
STOCK ONCE CLOSE BELOW 431 LEVEL CAN TEST UPTO 425/420/410
JUSTDIAL INTRADAY Levels
LONG ABOVE FOR 437 TARGET=441-445-450 STOPLOSS=432
SHORT BELOW FOR 431 TARGET=425-420-415 STOPLOSS=436