Looks good for intraday, enter at CMP or between 3590 to 3600 with strict SL of 3580 for target of 3690. It makes good RR 1:3 at least. Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading.
TRADE BASED ON 1. MOVING AVERAGE CROSSOVER 2. TREND LINE BO 3. SUPPORT RESISTANCE 4. PRICE ACTION 5. SUPPLY AND DEMAND 6. BREAK OUT STRATEGY
monday morning opening session price may reverse for some time
3200 was a good support/consolidation area for this movement, one who bought this script at support level then already 400 points profit and if we are not interested in this breakout one can book this profit else can wait some more time for breakout with confidence because already it gave 400 points profit.
Rs 1600 to Rs 3600 in 5 months. Looks like it has outrun itself.
NAUKRI - Type A ENTRY: 3403 EXIT: 3457,3485.50 STOLOSS: 3376 For edu purpose only.
If broke the support sell below 3110 Stop loss of 3125
Entry and exit levels mentioned in chart. Red line is for Entry, Black is For Target.
Naukri Day Chart Formed a triangle in a decent uptrend. Broke the triangle with a strong bullish candle. Power - 2x
Naukri (CMP 3110.30) Ascending Triangle Pattern Breakout. Target Price = 3215. Stop Loss- 3000 PCR- 0.77. Is a good sign for upside. Max OI at 3200 strike price
On friday it has broke its all time high and closed at it days high. breaking it resistance and above it. Breakout traders can go long and pull back traders can wait for it to retest at weekly resistance marked in Yellow. Keep your stoploss below the previous hour low. A decent risk reward ratio of 1.3 can lead to a target of 3225.
buy above 3060 or on pull back around 2970
About to breakout monthly volatility contraction. If it closes above 2805 with volume, it won't stop till 3000.