go long for a 20% + upside in short to medium termGave a good breakout with high volumes. expecting a 20% upside till 1800 in coming sessions. keep tracking.
DISCLAIMER APPLIES
NAUKRI trade ideas
Upwards trend possible
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 trading in the stock marke
#NAUKRI (INFOEDGE) - Ascending triangle breakout on daily chartNAUKRI has formed ascending triangle pattern on daily chart. Breakout above 1250
NAUKRI Cup & Handle BreakoutNAUKRI 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.
Naukri breaks out of 2.5 years rectangleIf the price sustains above 1010 next week, can initiate a BUY.
NaukriA 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 downward movement and the stock would continue to remain range bound for some time.
