From mint · Nishant Kumar · · 1m
Just Dial Shares Skyrocket 13% as Volume Soars 115 Times
Just Dial shares surge 13% with volume 115x higher as experts debate next move.
In brief
Just Dial shares surge 13% with volume 115x higher as experts debate next move. Just Dial shares jumped 13% intraday to ₹802 after volume soared 115 times, with analysts predicting short-term gains but long-term sideways movement. Originally reported by mint.
Just Dial Shares Jump
Just Dial shares skyrocketed 13% as volume soared massively 115 times in intraday trade on 19 October.
Intraday High Reached
The stock opened at ₹716.45 against its previous close of ₹712.45 and jumped 12.6% to an intraday high of ₹802.
Technical Analysis
Experts say Just Dial entered a short-term uptrend with higher highs and higher lows but long-term structures are corrective.
Aditya Thukral's View
Aditya Thukral, founder and analyst at AT Research and Risk Managers, says a break above ₹838.30 could take shares to ₹960 and ₹1,050.
Vipin Kumar's View
Vipin Kumar, AVP-Research at Globe Capital Market, says a decisive close above ₹840 could lead shares towards ₹950 in the near term.
The big picture
Just Dial shares jumped 13% intraday to ₹802 after volume soared 115 times, with analysts predicting short-term gains but long-term sideways movement.
