JUST A REVIEW OF MY ANALYSIS DONE AT: 4520 levels and 4820 levels :) now it might rest here sometimes or might even go for the ATM :)
PEOPLE WHO are in this trade should book some of the profits 50 to 70 % and SL trailed to today's Low :)
Nice analysis :)
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Naukri has breakout and is now retracing. If support level holds, it should give an awesome uptrend and long position.
PS: For educational purposes only.
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I personally don't like the financials of loss-making zomato, but don't want to miss the chance to capitalize on this unicorn listing!
general fact- Info edge bought zomato for 1.16 rupees per share!
TGT< ENTRY AFTER RETEST < SL
all marked in the chart!
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--Buy = 5002
--Target = 5520
--Stop-loss = 4769
--Expected Profit = ( 10% )
--Expected holding = 1-2 months
👇👇👇👇👇👇 CLICK the chart for the proof 👇👇👇👇👇👇👇
LOGIC ,LEVELS AND TARGET WELL MENTIONED IN THE CHART
NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success.
(Do talk to your financial advisor before making any investment decisions)
please like, share and comment if you have any suggestion regarding this analysis
NAUKRI, gave very big move in last few years, but now consolidating from last 6 months.
There is very strong trendline above it.
Also it is moving in channel.
So if it gives channel breakout near 4660, move to buy side with first target of 5100. Above that sky is the limit.