DAILY 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:...
NAUKRI made morning star at bottom
A very important stock for the next few trading sessions. Took support at the Fibonacci levels. It has also formed a morning star pattern today. Volumes have been good. Look for buying opportunities if it stays above 4400. MAINTAIN STRICT STOPLOSS
FORMING DESENING TRIANGLE TIME TO BRING THIS STOCK INTO WATCHLIST
BUY WHEN THE TREND LINE BREAKS For Target of 5715
People have lost their jobs during this lock down, demand for websites like Naukri will increase drastically. One Must add this stock in their portfolio on dips as highlighted in the chart
Date: 23 April 2021 Naukri (Info Edge) CMP: 4,888 Inverted H&S pattern break out in the chart. Look for a 15% upside target. All targets and SL given in the chart.
NAUKRI(INFO EDGE) formed an Inverted Head and Shoulder pattern on the hourly chart. Previous support has now become resistance and acting as a neckline combined with 50 EMA crossing 200 EMA from below.
2 support areas, descending trendline breakout, volume is good, macd crossover, stochRSI bullish divergence.
naukri can rebound like this idea
NSE:NAUKRI1! Hit the like button if you want to support my work. Trade was given on - 9th March -2021 Trade closed in PROFIT on 15th March -2021 Sold @ 4850 booked @ 4500 pints earned = 350 lot size = 250 PROFIT booked per lot = Rs .87,500/-
NSE:NAUKRI Stock has given a break down from head and shoulder pattern below 4850 stock can head lower towards 4700/4600/4500 in the coming trading days
In consolidation after uptrend, can start moving up again.