daily chart entered on friday at 3.15pm after it crossed 6 days high on chart it showing reversal from demand zone we need to watch it for nxt 18 trading session i have taken entry in jan fut with hedge of atm put max risk limited to 25k on downside upside tgt marked in chart as dotted line. i will watch it for nxt 5 days min 300 points move expected but ready for SL too.
NSE:NAUKRI
At 30 mins channel breakout. Go for long putting 1:3 RR ratio.
Please share with your family and friend if you like the idea to go long. This chart is only for educational purpose. Consult with your financial advisor before making any investment.
Happy Investing..
Naukri has came above 200 ma after trapping the bears.
Took support and bounced back from demand zone.
MACD above the signal line
RSI is just below 50
It looks like the above 5700 levels the stock is going to give institutional breakout.
Buy above - 5700
Targets mentioned in the chart above.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep...
[ symbol="NSE:NAUKRI"]NSE:NAUKRI
As one can see on info edge ( naukri ) share chart that price is heading towards AB=CD Pattern's Harmonic Zone (It May Reverse Before Activate Pattern but as pet pattern levels could be safe for long), if one knows reversal trading then can enter after pattern will be activated.
PRZ 1:- 5101.55
PRZ 2:- 5045.90
Stop Loss :-...
NAUKRI, near very good support zones, the stock has corrected more than 25%, near demand zone and 200 EMA, oversold on RSI, looks good candidate for Positional long
Trendine support and demand zone reached
RSI showing mild bullish divergence
A convincing bounce at this level could lead to further upside.
Only for educational purpose
Key Highlights:
1. Price is at the flip zone
2. Near 200 MA cluster, which may provide support
3. Bullish divergence
4. Bearish market structure at the moment
5. Volume will come as soon as there is a reversal candle
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy...
took support from trendline and brokeout from consolidation
Fresh buying possible for swing
sl 5975, target 6950/7340
R:R Ratio 1:2.2
Lets see how it goes
Trade on you risk, consult you financial advisor before trading.
Happy Trading!
NAUKRI
Sell-Below 6200
Sl-6400
Target-5880 5386
After Pullback from 6200 if stock crosses 6200 we will open our sell position.
As there is pullback expected from 6200 as per our ABCD harmonic pattern in hourly timeframe>
CMP - 6715
TARGET - 2%
STOPLOSS - 6543 (Trailing)
Naukri.com is an Indian employment website operating in India and Middle East. Naukri.com was founded in March 1997 by Indian businessman Sanjeev Bikhchandani, who started Info Edge Ltd. in 1995.
