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gauravcs4u
Jun 30, 2021 7:16 AM

NAUKRI (INFOEDGE) consolidating in it's selling zone 

INFO EDGENSE

Description

I had already booked profits in NSE:NAUKRI last week around 5000 levels. Since then it has been consolidating. Volumes are also low. RSI is above 50 but facing downwards. Price is still above 9 and 20 DEMA. So if it gives breakout then it can show 5300-5400 levels anytime soon. If it's not able to sustain and it comes to 4300 levels again then we shall enter again.
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