Sell call at 4000, naukri - infoedge
infoedge or naukri can be sold by selling call (CE) at 4000.
Rationale: Weak tech and weak nasdaq, unjustified recent rally in Infoedge. Current P/E ratio is 60, ideal P/E for naukri is 30.
Target for infoedge / naukri (immediate): 3000
None of my previous targets on tradingview have missed, including report on Adani.
Purely fundamental analysis. Price action makes no sense in such scrips.
Rationale: Weak tech and weak nasdaq, unjustified recent rally in Infoedge. Current P/E ratio is 60, ideal P/E for naukri is 30.
Target for infoedge / naukri (immediate): 3000
None of my previous targets on tradingview have missed, including report on Adani.
Purely fundamental analysis. Price action makes no sense in such scrips.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.