ShelendrAgrawal

InfoEdge (Naukri) Chart Analysis !!

Long
NSE:NAUKRI   INFO EDGE
πŸ“ˆ InfoEdge ( Naukri ) πŸ“‰

My Findings :-
1. Broke Out of DownTrending Trendline Zone after forming a base.
2. Breakout from a Swing High and Resistance Both at the same time after testing two times.
3. Started forming Higher High and Higher Low.

Bias- Long
Target- 5118, 5707, 6551 and 7020
SL- 4388
RR- 1:5

All Important Supports and Resistances are drawn in chart. All levels are on closing basis.

Please have a look and revert back if you need some more study on it.

Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Trade closed: stop reached

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