About to breakout monthly volatility contraction. If it closes above 2805 with volume, it won't stop till 3000.
Naukri - Cup & Handle breakout - minimum 10% return
Shorting opportunity below 2650 level. (If it breaks) Always Use Tight SL as momentum is high in this Stock. Shower some likes!! If it helps.
Must holding stock in portfolio for long term
Naukri (Info Edge) has crossed a resistance zone with momentum on daily timeframe, followed by a pullback move having a small range. This indicates an impulsive move may breakout on either side of the recent day candle. Long above 2810.00 TGT: 2844 Short below 2754.90 TGT: 2722 NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Note: This is for educational purpose only. There seems to be a breakout on higher side in Naukri. Candle stick pattern "Bullish Engulfing" while breakout. Moreover, there is a rise in buying volume as well.
Technical Trade - Price is consolidating above 50DMA and its contracting. I will be buying this stock above 2779 with a stop loss of 2680.
NSE:NAUKRI INFOEDGE has given a breakout from the trendline, but higher prices were rejected and stock has now closed below the supply zone. Stock has also been able to withstand the market crash and has shown good relative strength. It is trading above all major EMAs. (20,50,100,200). Since the trend is bullish,only long trades should be initiated in this...
Naukri is near demand zone , if sustain on demand zone soon it will reach to marked long targets.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Taking support at parallel channel
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
NAUKRI 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
If broad Index (nifty 50) Support market then we can see some uptrend in NAUKRI . 2685 is long term support which is already broken by the stock. In near term my target is - Target 1 - 2802 Target 2 - 2910 Target 3 - 3000
Trend Line break. Short at retest.
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