NAUKRI –INFO EDGE Analysis & Prediction in WTFThis is the analysis of NAUKRI –INFO EDGE in Weekly Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About NAUKRI –INFO EDGE :
Info Edge India Ltd. engages in the provision of Internet based services through its web portals and mobile applications. It operates through the following segments: Recruitment Solutions, Real State- 99acres, and Others. The Recruitment Solutions segment consists of Naukri and all other allied business which together provides complete hiring solutions. The Real State- 99acres segment includes property listings, builders and brokers branding and visibility through micro-sites, home page links and banners servicing real estate developers, builders and brokers. The Others segment comprises primarily Jeevansathi and Shiksha service verticals. The company was founded by Sanjeev Bikhchandani on May 1, 1995 and is headquartered in Noida, India.
Naukrilong
Rising Channel formation at Info Edge counter NSE:NAUKRI
Naukri (Info Edge) has its price been trending in a rising channel formation. On 19th Sept, it took the support of the channel and can perform well in short term. Previous supports gave good positional gains of approximately 20/24%. The current support can give an approximate gain of 19%, safe traders can book partial profits at a gain of 10% and trail the scrip further.
CMP - 4065
Target - 4350 / 4550
SL - 3850 (closing basis)
LONG INFO EDGE PositionalBuy Near 3682 For the 1st Target of 7462 2nd Target 11000, 104% Return,
Note: this is only for educational purposes Please don't Try Intraday Or Margin Trading. If You want to try Only Trade in Delivery ( CNC ) Keep Some Patience, Wait for the target. Thank You.
Low Maded 55% Last Time in Crona TIme Its Maded 49%
InfoEdge (Naukri) Chart Analysis !!📈 InfoEdge ( Naukri ) 📉
My Findings :-
1. Broke Out of DownTrending Trendline Zone after forming a base.
2. Breakout from a Swing High and Resistance Both at the same time after testing two times.
3. Started forming Higher High and Higher Low.
Bias- Long
Target- 5118, 5707, 6551 and 7020
SL- 4388
RR- 1:5
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
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 (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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📊 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.