InfoEdge - Looking for upmove to 5000!!!

Infoedge (Naukri) was making higher highs and higher lows, and upward move. However, it broke the pattern and moved down with support at 4066. Once we move to a lower time frame (hourly), we can see that it was making Lower High and Lower Lows, however, such channel was broken with a big green candle.

Now once the stock breaches 4287 and sustain with one hourly candle, we can expect the move towards 5000.

"Learning & Earning"

Cheers!!

Trade active:

Naukri has moved 3% from the 4287

Trade active:

Naukri has moved to 4492; 4.8%

Trade active:

Naukri is on a downtrend for quite some time and is respecting the tread line. Let's wait for breakout for a good move.

Trade active:

Info Edge reached 5000+ today..Cheers!! More to go.....