Weekly analysis on

JUSTDIAL

JUST DIAL – Weekly Analysis Technical View The stock is currently trading near ₹820.75, close to its recent lows. Support Levels: ₹810 – ₹800 (immediate), ₹770 (major). Resistance Levels: ₹850 – ₹870 (immediate), ₹920 (major). Trend: Weak structure, stock consistently making lower highs & lower lows. RSI (14): 39 → Near oversold zone, indicating weakness but possible bounce from support. MACD: Negative, showing selling pressure. Stock is trading below 20, 50, 100 EMA, indicating continued bearish trend. Short-term weakness persists unless stock sustains above ₹850. Upcoming Events & Impact Quarterly Results: Revenue growth & margin commentary will be crucial. Reliance Retail Strategy Updates: Any announcement on integration could drive upside. Digital/Tech Sector News: Policy changes in digital advertising or new competitors may create volatility. Past events like Reliance acquisition had strong positive impact, but post-rally consolidation is now visible. Outlook Short-term: Cautious view, possible bounce from ₹800 support, but resistance at ₹850–870. Medium-term: Sustaining above ₹870 may open the way for ₹920–950. Long-term: Reliance backing, cash-rich status, and digital growth story remain positives for investors.