NAUKRI (Info Edge) Trading SetupCan move up from the support zone created by the previous sideways price action.
NAUKRI
Naukri - Looking for support - But !!Price rejected big from the top ( All time high ) and tries to find the support. In the last 4 days price moved up but came down to the same level in a single trading day, this shows the sellers are strong.
The good news is that the price is trading above the important support level.
NAUKRI Long IdeaNAUKRI gave Inv H&S breakout and trading in a ascending channel
currently testing support region , giving Blue Trendline breakout and sustaining above round level 4800 can bring good upside move towards upper Trendline of channel
Must have this is watchlist for coming days.
View negates below 4670 level
NAUKRI LONG.......Above 4741
Upgrading stock
target 4842-4897-4974
SL below 4365
Good volumes from last few sessions
NAUKRI LOOK OUT FOR THESE LEVELS!!! ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE.
BUY NEAR 4200.
The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts
2) TE-REKAB
- PB : PULLBACK
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Naukri - Bull Flag bullish breakoutNote: This is for educational purpose only.
There seems to be a bull flag pattern breakout with volume. Moreover, RSI above 65 indicates bullish momentum.
NAUKRI Long Idea for Intraday (Tuesday 10NOV)NAUKRI near Trendline Breakout (Red line)
Looks good above 3651 levels (Green Line) for the Target of upper Trendline (Blue)
NAUKRI LOOK OUT FOR THESE LEVELS!!! ALL THE LEVELS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE .
The indicator used:
1) Daily Lines plots Daily 20 & 50 EMA on lower time frame charts
2) TE-REKAB
- PB : PULLBACK
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!
NAUKRI LOOK OUT FOR THESE LEVELS!!! ALL THE LEVELS ARE MARKED ON CHART; PLEASE REFER TO OLD ANALYSIS FOR CLARITY
SELL NEAR THE RED ZONE IF REVERSAL CANDLES ARE FORMED ON THE ZONE/ NEAR BY THE ZONE
CLEAR REJECTION AND NOT ABLE TO MAKE A NEW HIGH OR EVEN SUSTAIN HIGHER PRICES
The indicator used:
1) Daily Lines plots Daily 20 EMA on lower time frame charts
2) TE REKAB
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!
NAUKRI LOOK OUT FOR THESE LEVELS!!! All levels are marked on the chart.
3600-3580 IS ACTING LIKE A GOOD RESISTANCE; SELL NEAR THAT LEVEL.
HEAD AND SHOULDER IS FORMING
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!
Intraday SetupLooks 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.
INTRA DAY FOR NAUKRITRADE BASED ON
1. MOVING AVERAGE CROSSOVER
2. TREND LINE BO
3. SUPPORT RESISTANCE
4. PRICE ACTION
5. SUPPLY AND DEMAND
6. BREAK OUT STRATEGY
NAUKRI Selling Climax sign for reversalmonday morning opening session price may reverse for some time
Just breaking the resistance 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.
