TradingView
imkhushal
Jul 24, 2022 3:29 PM

Naukri.com An Elliott wave View [1W] Long

INFO EDGENSE

Description

Going through the chart of Naukri.com, I observed that it has perfectly played an impulse upside.
The Chart is very beautiful and stock run as per the Elliot wave Rules and Regulation and also Respects Fibonacci Series/Ratios. We have completed the 5 impulsive waves in Naukri.com(weekly chart) and we have given it a cyclic number [1] and it is correcting in cyclic wave [2], whose "A" part seems has completed and currently in B wave upside that has a target of around 5000-6000 roughly. Existing Longs can be hold for the above target and New buying can be initiated near 2880-2900 levels.

This is not a trading/investment advice, pls consult your financial advisor before any trade activity.
Please follow/Like if the chart is worth it.

Thank you.
More