The Stock Bounce Back from its Strong Support Level 3300
Crossing 200 EMA & Close above
Trend line Breakout with Good Sound Volume
Expected Target Levels 4600 - 4890 - 5380 - 5870
Exit idea 25 % @ each Level
Time Period till Target
EDUCATIONAL PURPOSE ONLY
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...
With today's strong move Info Edge confirmed that the bottom has been made in the stock. A very strong stock with very strong cashflows. These levels are great to accumulate the stock.
Buy 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 ) 📉
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...
NAUKRI
Buy-Above 4760
Sl-4380
T- 5150 5700+
NAUKRI has been in a declining phase since Oct 2021. A base has been formed near 4300. Lower Lows have been stopped and today a swing high is tested. Consider building your long position above 4760 for the target of 5150 and 5700++.
Buy Near 4711 For the Target of 7462
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.
BUY NAUKRI UPTO 4200
TARGETS 5180, 5360, 5600, 5770, 6000+++
SL 3200 ON WEEKLY CLOSING BASIS
TRAIL SL ONCE IN PROFIT
Disclaimer: All charts are for educational purpose. Please consult your financial advisor before investing.
daily 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 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.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep...
