Infoedge (Naukri)- Expected upswing of 15%

Jan 18, 2022

Naukri looking good for an upswing of at least 15%... Keep close eye on the stock and currently the risk reward ration is also in favor (3.16) with stop loss just under 20 SMA of BB. Do keep close eye on the price behaviour when it reaches the marked zone of resistance and in case the price sustains that pressure and goes up you can keep it for longer time period too... For short term you can target 14-15%

Jan 21, 2022

Order cancelled

Price never broke out and now it has retraced back . so cancel and will look for opportunities later