NAUKRI INFO EDGE

By RK_Charts
This 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
snapshot

RK's Sell signal activated on daily chart and also price has broken RK"s stop line and mass psychological cloud
snapshot

MACD on weekly negative crossover below zero
snapshot

MACD on daily negative crossover and now below zero
snapshot

price below lower bollinger in daily
snapshot

rsi breakdown in daily and now below 40
snapshot

DMI ADX on weekly bearish
snapshot

DMI ADX on daily bearish
snapshot

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.
Bearish PatternsbreakdownChart Patternselliottwaveprojectionhead_and_shoulderTechnical IndicatorsinfoedgeinfoedgeanalysisNAUKRIniftyitshortshortsetupWave Analysis
RK_Charts
YouTube: youtube.com/@rk_charts
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com

Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.

Related publications

Disclaimer