Info Edge - Long Term /200DMA SupportA very great stock for long term which is near its 200DMA Support.
NAUKRI trade ideas
INFO EDGE (Naukri) LongFollowing upward channel
Ready for breakout above 5642
Buy above 5642 after retest
Keep SL just below 5300
its broken 200 EMA with volume
TGT 6026 - 6559 - 6993
please do correlate by yourself also on charts. This is for educational and paper trading purpose only. Please consult your financial advisor before investing.
NAUKRI - BreakoutNAUKRI - Do you see a breakout & retest here?
One can go long with a SL of last swing low.
NAUKRI - Possible Bullish ReversalNSE:NAUKRI is currently trading at 200 SMA level and also at one of the important support formed by a Fibonacci cluster. Additionally, it's near the Harmonic PRZ level of Bullish Gartley pattern. Volume Zone Oscillator is also consolidating near the lows. If it can hold above 5429 level,Odds are that it might reverse from this level towards target #1 (5840) and then target #2 (5900).
NAUKRI - potential reversal candidateHas already bottomed out on daily Tf. One can enter with a SL of today's low.
Info Edge Available at weekly + daily support, also candle shunting till ATH
can be a good low rist entry...
INFOEDGE/NAUKRI AT IMPORTANT LEVELHello Traders,
The last stock given here on tradingview did not close above the buying levels so here I am with a stock that is not a breakout trade but a support/resistance trade. The stock I am speaking about is Infoedge.
Now Infoedge gave a breakout of old resistance and went on a bull run for a 2 weeks or so but then failed to made a higher high and came down, now the point where Naukri is right now is the old broken resistance turned into support and it is supporting and resisting the fall for downward levels.
There is also a long-term trendline providing support at the same place making it a confluence circle so we can have a upmove from the same point again.
RSI has room for bulls
MACD crossing to green levels
Last breakout zone turned support
Trendline support present
Buy Above - 5760
Targets mentioned in the chart above
Nauri Short PositionWe have a short position coming up on Naukri. Please visit tradesignals.io for more info.
Info EdgeTrend continues after consolidation
Key things to Watch:
Long Consolidation= Good breakout (Agle 45degree)
Small consolidation= Breakout-(Angle 70-80 degree)
Smallest consolidation- Breakout (Angle 90 degree)
naukri trade set upA clear divergance is seen in rsi and the price is at resistance trendline, so it seems stock has topped and a short trade can be initiated at low risk. weekly atr is 402, so ideal stoploss should be 7084 in weekly close and target should be same 6284.
Naukri - Info Edge. Pull Back and at Golden levels as per Fib. Currently at Demand zone, and getting support from Trend Line at 4 hour TF.
Good to go long in this at CMP.
Entry - CMP
Target 1 - 5500
SL - 4900
R:R - 1:2
Book Half quantity at 5500 and trail rest.
Infoedge breaking out resistance into ATHLook at the graph. It always stayed below 1st and 2nd resistance till last week. Now both resistance are broken out and stock is at all time high.. and it is always believed that stock rallies to another 20 to 30 % when it's at ATH.
Note: it's not a recommendation.. Still trying to learn.. feedbacks are welcome..
Long opportunity in NAUKRI?This scrip had recently given a breakout from a ascending triangle pattern and now this scrip had rejected from All Time High. So one may find long opportunity in thi scrip if it broke the All Time High and may hold it for some weeks based on the price action.
CNH pattern Breakout within channelcup and handle pattern breakout inside ascending channel
CMP 5760.80
Can Buy now or in dips till 5300
SL 5150
Target 6500+,7000+
25 % POTENTIAL STOCK
Info Edge/Naukri
Monthly Target-
5300 acting as good demand zone.
Long Info Edge in range of 5350/5400 for next monthly target of 5700 with SL 5280
NAUKRI - Formation of Bullish H&S pattern - Medium/Long TermThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Entry can be done on pullbacks or on CMP as well. It should be accumulated for longer term as well.
For understanding how to trade a Bullish Head & Shoulder Structure, refer to the ideas linked below.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
