NSE:NAUKRI Previous Close as on Friday, February 23th, 2018, 3:40 PM: ₹1197.25 Buy at: ₹1200 Stop-Loss at: ₹1180 Target Price: ₹1235 Duration: 1 month Not guaranteed as the stock market is subjected to market risks. These calls are based on my own research and are meant for paper trading. Please do your own research if you are interested in investing or...
NAUKRI has formed ascending triangle pattern on daily chart. Breakout above 1250
Weekly cup and handle pattern formation. SL 1043 (Weekly closing basis)
NAUKRI completed the cup and handle , with a huge spike up. retested the resistance turned support level of yellow. now holding at the edge of the cup and handle structure at orange. Gave give a nice move up, if it holds orange level.
If the price sustains above 1010 next week, can initiate a BUY.
A recent triple top with attempted break out over the 870 levels. The recent bullish pattern is not supported by volumes and the stock is showing a neutral trend with comparison to the Nifty. I would watch this closely as strong break out from here on would confirm a bullish pattern. However, I would think given the current market scenario, we should expect a...