NAUKRI - Trend reversalThere seems to be good chances of a trend reversal from here.
Immediate SL of 5000 should be kept in system.
A good lead might be possible.
NAUKRI trade ideas
Naukri aka 'Info Edge' Possible Breakout: HUGE OPPORTUNITYSolid Double Bottom for naukri with tested support now. Feeling pressure from Zomato. Can go in either direction. Just keep a watch. SHORT if goes below support or go LONG.
RSI below 60. Still Feeling Bullish on this. Watch out.
Levels:
BUY @ 5111.25
TARGET @ 5625.95
STOP LOSS @ 4858.45
RISK REWARD: 2.11 :)
NAUKRI 4HRConfluence of Daily & 4Hr Bearish GARTLEY Strong POTENTIAL REVERSAL ZONE
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL SELL
NAUKRI Daily Bearish GARTLEY
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL SELL
symetrical trinagle breakout it has retested after the breakout and formed a morning star at the retest zone , can expect a good upmove .
Im a beginnner, just sharing my views .
Buy NAUKRI Descending Triangle breakout on the daily charts
Breakout confirmed by the +ve crossover of 20VWMA and 50SMA
It may again BOOMTaking Support at Lower band of Darves box and also good strength on Buying side .
BUY AT CMP SL 4800 TGT 5200 in 3 to 4 days
NAUKRI (INFO EDGE) - POSITIONAL TRADEBUY ZONE : 4800 to 4900
Can look for : 5600+, 6400+
View not valid if DAY CLOSE below 4220
NAUKRI showing strong momentum and go further higher.Whole IT sector is trading at all time high and showing further showing strong momentum . Can move further up to the previous high.
INFOEDGE NAUKRI 4HNAUKRI has shown a Good Momentum in previous trading session and recently gave a fresh breakout.A good Upmove is Intact must add it in Watchlist
Naukri...... Strugling..............naukri struggling to breakout above trendline........
Once breakouts the levels are given,,,,,,,
happy trading..
Naukri - Add it on your watchlistNaukri is forming a bullish price action, Let us keep this on the watchlist
Info Edge near crucial support*Trade Setup*
T1 - 5600
T2 - 5000
SL - 4200
Info edge/Naukri has fallen nearly 25% from it's 52 week high.
It's forming triangle pattern.
Now, it is near the support regiom
*Trade Confirmations*
- It has faced 2 resistance and 2 support respectively.
- Has high probability to break the trend line after 2 resistance to go higher.
- Already has shown green consolidated candles near support region.
- The pattern is visible in 4H and 1D timeframes. So the probability of swing traders entering the stock is very high.
- Shows high probability.
- It has shown highest recovery from 52 week low to high.
Thank you for viewing my ideas and analysis.
I'm ready to take feedbacks and doubts. So let me know through the comments
