Infoedge setup for swing trading The stock is maintaining the low from a week.
The pattern is suggesting an up move is in the card.
NAUKRI trade ideas
Naukri (InfoEdge) - Bullish after long correctionTechnical analysis :-
1. Now at long term support level @ 3600 level,
2. Stock corrected 50%, 52 week high ~7475, now trading @ 3614 (after a inverted Head & Shoulder pattern)
3. Super trend shown buy signal started first time after Sep'22
4. Anticipated Short term target 4800 ie.30% upside from current level.
Fundamental Analysis:-
5. One of the lowest PE online business companies PE of 17
6. Almost Debt free
7. Good Sales growth of 15% yoy
8. Op. Profit Margin increased to 28%
INFO Edge (NAUKRI): Cup with Handle patternINFO Edge (NAUKRI): Cup with Handle pattern - Strong trend and strong closing with heavy volume. Buy between 5870 to 5890. Please trade with SL. Trail stop. Remember position sizing. Always respect Risk.
Disclaimer: This idea is posted for educational purposes only. I'm not a SEBI registered advisor. Please consult your certified financial advisor before trading/ investiong.
The trading rules I live by are
1. Cut losses.
2. Ride winners.
3. Keep bets small.
4. Follow the rules without question.
5. Know when to break the rules.
- Ed Seykota
NAUKRI is a positional SELL idea!The stock formed a Head& shoulders pattern which is a bearish signal......stock also slipped the neckline after retest.....stock likely to drift lower in coming days....downside target 837
Info Edge Bottom in placeWith today's strong move Info Edge confirmed that the bottom has been made in the stock. A very strong stock with very strong cashflows. These levels are great to accumulate the stock.
LONG INFO EDGE PositionalBuy Near 3682 For the 1st Target of 7462 2nd Target 11000, 104% Return,
Note: this is only for educational purposes Please don't Try Intraday Or Margin Trading. If You want to try Only Trade in Delivery ( CNC ) Keep Some Patience, Wait for the target. Thank You.
Low Maded 55% Last Time in Crona TIme Its Maded 49%
Infoedge - BreakoutTargets and Stop loss are mentioned in the chart itself.
This is my idea, please use your own discretion before using it. I am not SEBI registered.
Thank you,
Purus
Head and shoulder breakdown in info edgehead and shoulder breakdown in info edge.
target is 1800 which is the nearest support.
all technical indicators are bearish
Breakdown in Info Edge (Naukri)...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
lower low formation with range breakdownThis stock is in a downtrend.
it had breakdown level 4200 with a power candle but it opened with a gap up and in the range but not sustained, has closed below 4200.
The next support will be 3600-3700.
should not go for long until support is not hit
Happy trading
NAUKRI INFO EDGEThis stock is looking like head and shoulder chart patterns breakdown along with good intensity of volume, and it has started its correction as a wave A in 5 subdivisions and then wave B is small and now once price breaks below 4058 then possibly wave C must started, and it should come down in 5 legs only. Below are some supporting scenarios shared.
head and shoulder pattern neckline breakdown on daily time frame
RK's Sell signal activated on daily chart and also price has broken RK"s stop line and mass psychological cloud
MACD on weekly negative crossover below zero
MACD on daily negative crossover and now below zero
price below lower bollinger in daily
rsi breakdown in daily and now below 40
DMI ADX on weekly bearish
DMI ADX on daily bearish
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
InfoEdge (Naukri) Chart Analysis !!📈 InfoEdge ( Naukri ) 📉
My Findings :-
1. Broke Out of DownTrending Trendline Zone after forming a base.
2. Breakout from a Swing High and Resistance Both at the same time after testing two times.
3. Started forming Higher High and Higher Low.
Bias- Long
Target- 5118, 5707, 6551 and 7020
SL- 4388
RR- 1:5
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Head and Shoulders Pattern at NAUKRI Be Cautious #headandshoulders #pattern (trend reversal ) at #NAUKRI weekly chart.
The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
#NAUKRI - Stock seems to be changing trend(Head and Shoulders pattern) . One should try to keep the profits with them. Now if you think you are buying it on discount, then you are wrong - you are buying on the other side of trend.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
Note -Invested #NAUKRI
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #breakdown
INVEST IN NAUKRIIt is a best opportunity to invest in NAUKRI it take correction at large interval of time and it also follow the 200EMA in weekly time frame and it give good return
INGO EDGE INGO EDGE (NAUKARI) Daily chary analysis
Daily or weekly treandline 0r 50S MA Bullish breakout
only think for buy
NAUKRI Big Bullish move Possible Pattern Triangular Breakout
resistance 5100
resistance 5800
stop 4315
came out of the consolidation patch
LONG ON NAUKRIAs stock break trendline and reversed from heavy support area of 4200 can place sl of 4200 and can go long with target of 5100 and 5800-6k.
NAUKRI/INFOEDGE - Short term Long tradeEntry 4250 - 4350
Stop loss 4050
Swing trade
target 4850
Target 1 5100
Target 2 5500
Target 3 5900
Target zone 6300 -6400
Note : The information provided is not a trading advise. Just for educational purposes.
Do your due diligence, before entering the trade.
NAUKRI (INFO EDGE) Long for BTST/short swing !INFO EDGE looks strong and can be played long via futures. Can wait for Relative strength to turn green for more confirmation. SL can be trailed after target is reached as high chances of triangle breakout is also there
