NAUKRI going to 2769NAUKRI is a good long position as it is moving i a upward channel
can be a good buying opportunity on monday if price crosses the resistence zone of 2678-2684
keep your eyes on restence and support
please comment if you find some errors and also suggest me what stocks i should analyse
I am still learning
NAUKRI
NaukriA recent triple top with attempted break out over the 870 levels. The recent bullish pattern is not supported by volumes and the stock is showing a neutral trend with comparison to the Nifty. I would watch this closely as strong break out from here on would confirm a bullish pattern. However, I would think given the current market scenario, we should expect a downward movement and the stock would continue to remain range bound for some time.