Naukri looking good for an upswing of at least 15%... Keep close eye on the stock and currently the risk reward ration is also in favor (3.16) with stop loss just under 20 SMA of BB. Do keep close eye on the price behaviour when it reaches the marked zone of resistance and in case the price sustains that pressure and goes up you can keep it for longer time period...
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.
NSE:NAUKRI
At 30 mins channel breakout. Go for long putting 1:3 RR ratio.
Please share with your family and friend if you like the idea to go long. This chart is only for educational purpose. Consult with your financial advisor before making any investment.
Happy Investing..
INFO EDGE
1- INFO EDGE is a range from last few days, most of the time whenever the stock comes out of range, They move like crazy
example - You may check PolyCab ( 13th Jan Chart)
2- Once Point B is broken then the Harmonic Pattern will get activated
3- It is making a perfect Flag and pole Patterns which itself again one of the bullish Patterns
- All these...
Stock has taken very good retracement of 61.8% on weekly Timeframe
Breaking Trendline on Daily TF and IHS on 4H TF suggesting a reversal
Stock is consolidating and may break out soon.
one can plan entry only above 5700, could give a fast move.
you can trade this intraday as well as plan for swing trading.
Please follow proper risk management.
DISCLAIMER: For...
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...
buy above 5700 in intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If...
