INFO EDGE/ NAUKRI BUY ABOVE 4800. TARGET 5100/5500NAUKRI IS STILL A BULLISH STOCK,
ABOVE 4800, WILL BREAK DYNAMIC RESISTANCE AND BLAST
NAUKRI trade ideas
Naukri - Channel Breakout ViewNaukri :
Channel Breakout Possibility
Long above 4775
Immediate Strong Support at 4670
Naukri is consolidating long& within 15/20days going to breakOUTNaukri is consolidating long& within 15/20days going to breakout. Descending triangle is formed. STOCK will move down 5 to 10 days and take support on pink line. and around July it will breakout. study purpose only. Happy Trading.
Naukri Naukri - Cmp 4447
Looks good for long at cmp for possible initial targets of 4857/5098 with sl 4158 on closing basis.
Reason:
Hidden bullish divergence.
Info Edge (Naukari) big move soon?This stock is slowly gaining volumes and all set for breakout.., expecting good bull move if nifty reverse the Bull run.
Tgt 1- 5100
Tgt 2- 5600
Tgt 3 - 5900
** Educational Purpose only.
Naukri .com long positionNaukri (infoedge) looking forward for a potential breakout . My target for time being is 5000/5300
With sl to the support line.
Fundamentally company is strong and the whole IT sector rally could be soon.
POSSIBLE BREAKOUT IN NAUKARI IN UPCOMING DAYSin upcoming days thee may be symmetrical triangle breakout possible in naukri watch careful.
this post is for educational purpose only trade on your own risk
Buy NaukriBuy Naukri at cmp add more near 4250,, stoploss 4000...Target 4700 and above
Study : Stock is trading near Fibonacci Retracement level of 78.6% so some bounce can expect
Multiple Trade Confirmation: NaukriDate - 8th June 21
Type of trading - Swing
1 Near to 200 Golden Moving average
2 Respecting support since 7 months.
3 Triangle pattern
4 Multiple MA and DEMA crossover suggesting buy at 4689- 4695
5 About to break the first resistance
6 Bollinger Band- About to break upper BB
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(1) Entry- 4694 (2) SL- 4523 (3) Price Target- 5036 (4) Time Target - 3 weeks
Note: This is just a study and I have all rights to be wrong.
Requesting you to connect with your advisor before taking any decision.
ANOTHER SPACESHIP IN THE MAKING!!!Investor or Trader does not matter. It will take all to outer space. Chart is self explanatory. Oh yes,that statutory warning: SPACE MISSION IS FRAUGHT WITH RISK. USE SEAT BELTS (STOPS) ACCORDING TO YOUR OWN ANALYSIS. This is mine and not a trade recommendation.
Is NAUKRI is going to hit again 5000 Level again?On the weekly chart, Info edge is making momentum, and volume is also good in the last three weeks. Our targets:
Short term target is 4620 in the coming week
Long term target is 5000 in the next 6month to 1 year
INFO EDGENAUKRI, gave very big move in last few years, but now consolidating from last 6 months.
There is very strong trendline above it.
Also it is moving in channel.
So if it gives channel breakout near 4660, move to buy side with first target of 5100. Above that sky is the limit.
Wait for Expiry of MayAs the graph shows the trend formation is there,
But the expiry of May Months is close & having lots of call writing a 4400, working as the resistance.
Also the price got rejection from Anchored VWAP 3 times.
Lets waits for expiry & either side movement.
I Think the expiry will be around 4300~4350
