NAUKRI
DAILY SWING CALL // Monday 26th of April 2021 // NAUKRIDAILY SWING CALL // Monday 26th of April 2021 // NSE:NAUKRI
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 4876
TARGET: 5610+ (15% Around)
STOP LOSS: 4388 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
Naukri: Inverse H&SNaukri had a great run from Rs 1600 in March. Its nearly 3.5X in less than a year. It seems an Inverse H&S is being formed. It should consolidate at the 4850 levels for a few days/weeks.
The Zomato story definitely has some link here. Coulds be that existing shareholders are selling to apply in the IPO. Nevertheless, it seem sit will consolidate at 4850 levels, before moving to a new high of Rs 6800.
Naukri | Cup & handle Pattern Breakout & retested 🎯⭕ Swing Trading opportunity ! 1hrs Chart Alert !!!⭕
--Buy above =5000 or CMP
--Target = 5376
--Stop-loss = 4839
--R:R =3.53
--Expected Profit = 8%
--Expected Holding = 10 days only
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Stock Has formed Cup & handle Pattern
2) the breakout was good & the retested the level
3) Volume is good
4) Target is based on resistance & Target as per pattern height is also mentioned
👇👇RECENT ACHIEVEMENT .......MUST CHECK 💯
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