Get ready for the fall that is going to comeCompletion of wave cycle, green trend line a very strong resistance zone.
NAUKRI trade ideas
Target Done | 350 points captured | Naukri 💯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/-
NAUKRI Looking Weeklooking to retrace 50% of the recent rally on weekly chart.
Double top on daily chart.
Narrow CPR on daily with falling price, which may continue.
on Weekly closing below 21DMA.
Stock looks weak below 4850NSE: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
Naukri: Multiple Breakout on CardsMultiple Breakout on Cards...21 SMA and falling trendline...Continuation Flag
NAUKRINAUKRI: Looking Good
Expecting Support Level Bounce Back to Bullish
Buy Above 4800 Add Until 4300 Stop-Loss 4200
Target 5000-5200-5400-5600-5800-6000+++
Positional Call
Naukri: Inverse H&SNaukri had a great run from Rs 1600 in March. Its nearly 3.5X in less than a year. It seems an Inverse H&S is being formed. It should consolidate at the 4850 levels for a few days/weeks.
The Zomato story definitely has some link here. Coulds be that existing shareholders are selling to apply in the IPO. Nevertheless, it seem sit will consolidate at 4850 levels, before moving to a new high of Rs 6800.
Intraday /Swing trade Idea.Stock is trying to make a new swing high on daily chart. When this happens, you get good intraday trades
Trades triggers above 5550
Target 1 5630-5650
Target 2 5750
Naukri | Cup & handle Pattern Breakout & retested 🎯⭕ Swing Trading opportunity ! 1hrs Chart Alert !!!⭕
--Buy above =5000 or CMP
--Target = 5376
--Stop-loss = 4839
--R:R =3.53
--Expected Profit = 8%
--Expected Holding = 10 days only
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Stock Has formed Cup & handle Pattern
2) the breakout was good & the retested the level
3) Volume is good
4) Target is based on resistance & Target as per pattern height is also mentioned
👇👇RECENT ACHIEVEMENT .......MUST CHECK 💯
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✍COMMENT Below your view !
Watchout for trendline breakoutThe stock is testing its trendline and looks good above resistance of 5138 level.
long NAUKARIINFOEDGE
38% fib rejection
avwap rejection
good volumes
positive reversal weekly
target 6600 above 5900 (long term)
Naukri - Bounce from supportLooking bullish only above 4950 for the target of 5010 & 5100
SL will be 4895
