NAUKRI - watch out for Breakout and Swing Entry
Stock has taken very good retracement of 61.8% on weekly Timeframe
Breaking Trendline on Daily TF and IHS on 4H TF suggesting a reversal
Stock is consolidating and may break out soon.
one can plan entry only above 5700, could give a fast move.
you can trade this intraday as well as plan for swing trading.
Please follow proper risk management.
DISCLAIMER: For education purpose only, do your own analysis or consult your advisor before taking position
Breaking Trendline on Daily TF and IHS on 4H TF suggesting a reversal
Stock is consolidating and may break out soon.
one can plan entry only above 5700, could give a fast move.
you can trade this intraday as well as plan for swing trading.
Please follow proper risk management.
DISCLAIMER: For education purpose only, do your own analysis or consult your advisor before taking position
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