NAUKRI
#infoedge #naukri swing trade opportunity.NSE:NAUKRI
one can go for swing trade if find perfect reversal. trade as per your own trade setup. pattern activated and stop loss also mentioned on chart.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Naukridaily 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.
NAUKRI - watch out for Breakout and Swing EntryStock has taken very good retracement of 61.8% on weekly Timeframe
Breaking Trendline on Daily TF and IHS on 4H TF suggesting a reversal
Stock is consolidating and may break out soon.
one can plan entry only above 5700, could give a fast move.
you can trade this intraday as well as plan for swing trading.
Please follow proper risk management.
DISCLAIMER: For education purpose only, do your own analysis or consult your advisor before taking position
Naukri (infoedge) bullish aboveNaukri 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.
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Intraday Trade: watch for resistance breakoutbuy above 5700 in intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
📊 INFO EDGE Safe Swing Levels 🎯[ 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 :- 4847.90 (closing basis)
Trade on reversal only. (trade as per your trade set up).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NAUKRI Long opportunityNSE:NAUKRI
Hi all!
InfoEdge (Naukri) has been following a channel since March 2020(Covid crash). It's now at the lower channel trendline and this I believe generates a good opportunity to go long!
There are multiple indications that strengthen my conviction:
-> Presence of 200 daily EMA
-> Strong support zone
-> Stock is between 50 -61.8% fib level (golden zone)
Risk-averse traders can enter after the stock breaks trendline 1. Aggressive traders can enter as soon as it touches the 200EMA because the stop loss will be really small.
*NOT A CALL*
HAPPY TRADING!!
Naukri - Flip zone + Support from 200 MAKey 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 learning. Cheers!
Rajat Kumar Singh (@johntradingwick)