Naukri is been Consolidating from past many days and in last Trading session showed a Good strength
and Attempt for breakout was done with increasing volumes.
We would Buy it if Day Closes above 5505
Targets Are Explained in the chart
Holding Period would be nearly 1 Month
Stoploss will be Day Closing below 5200.
NOTE - This Idea is only for Educational purpose We are/would not be responsible for any profit or loss
So please Invest wisely and do your own research too
Made our 1st and 2nd Targets in intraday only 😂
Didn't expected such move.
As this move is much higher and has hit our both targets.
Please don't make position into it now.
We were going to buy it if the day closing is above 5505 but this intraday move is much bigger then expected.
If A big Retracement come then I would update for buying
If anyone Traded it for intraday do let me know in comments
But We Didn't get a Nice entry