JUSTDIAL - Swing Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Swing Trade Rating: 3.5

📉 Just Dial Ltd (JUSTDIAL) Swing Trade Analysis

JUSTDIAL is currently in a technical downtrend, with bearish indicators dominating across multiple timeframes. While the fundamentals show some improvement, the stock is not ideal for immediate swing trading unless a clear reversal pattern emerges.

✅ Strengths

Quarterly Profit Growth: PAT increased from ₹39.6 Cr to ₹49.0 Cr — 100% QoQ growth

EPS: ₹42.7 — strong earnings base

Debt-Free: Debt-to-equity ratio of 0.02 — excellent financial health

Book Value: ₹473 vs current price ₹850 — reasonable valuation base

Volume Stability: Volume is close to weekly average, indicating steady interest

⚠️ Weaknesses

Technical Indicators

RSI: 33.4 — nearing oversold, but no reversal yet

MACD: -14.9 — strong bearish momentum

Price below both 50 DMA (₹896) and 200 DMA (₹934) — confirms downtrend

Daily and weekly indicators show a Strong Sell signal

1

Valuation

P/E of 51.9 vs industry average of 26.4 — significantly overvalued

PEG Ratio: 64.8 — extremely high, suggesting poor growth-adjusted valuation

Dividend Yield: 0.00% — no income cushion

Institutional Sentiment: FII and DII holdings slightly declined

🎯 Optimal Entry Price

Entry Zone: ₹820–₹840

Near support zone and psychological ₹800 level

Watch for bullish reversal signals like a hammer or bullish engulfing candle

Confirm entry if RSI crosses 38 and MACD flattens

🚪 Exit Strategy (If Already Holding)

Short-Term Target: ₹895–₹915

Based on resistance near 50 DMA and recent swing highs

Stop Loss: ₹795

Below recent support and psychological ₹800 level

📌 Summary

JUSTDIAL is not a strong swing trade candidate at the moment, but could offer a bounce from oversold levels. Entry near ₹820–₹840 with tight risk control may yield modest gains. If already holding, consider exiting near ₹895–₹915 or trail stop loss to ₹795.

You can monitor live technicals and candlestick patterns on TradingView’s JUSTDIAL chart

2

. Would you like to compare this with other tech service stocks or explore breakout setups?

1

in.investing.com

2

in.tradingview.com

Edit in a page