INFO EDGE (I) LTD
Long
Updated

Bullish on info Edge ( Naukri )

NAUKRI is looking to bring a good bull run in it. It had been facing resistance against T2 and taking supports over T1. If we look in the smaller time frame then we may see that it has crafted a pennant pattern (T3 & T4) that has given us a bullish breakout and may bring the bulls in the stock.
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Note
Price is once again at the support level. Hold on, with a tight stop loss, it may recover from this level.

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