NAUKRI uptrend possible, keep it in watchlistTaking strong support in triangle pattern, Do your analysis and trade
NAUKRI trade ideas
NAUKRI - Bullish Consolidation BreakoutNSE: NAUKRI is closing with a strong bullish consolidation breakout candle supported with volumes
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
Buying opportunity in infoedge naukriStock trading near 200 MA and trend line on weekly time frame... fundamentals are good.
Can take support at 200MA and trend line....we will look for a confirmation candle before taking position on weekly time frame.
NAUKRI READY FOR BIG UPSIDE.Hi Trader Friends,
Prensenting my views on Naukri.com .
Consolidation phase in Naukri seems to be over as stock readies itself for big upside. Inverted Head & Shoulder pattern formation on daily time frame with good volumes in delivery. Looks good to go loooong.
Info EdgeLogic behind the Trade
1. Closing above 50 EMA
2. Consolidation breakout with big bullish engulfing candle along with heavy volume
3. Stopped making lows as trend line shows the consolidation movement was moving upward (big players were building orders)
4. RSI is 60 (shows strength in stock)
INFO EDGE(NAUKRI.COM), PATH!! BREAKOUT!!i am waiting to trade on a good breakout, on the 1st week of November.
Naukri, is a good stock.
PLEASE do have a good look at the colours.
1. the two dark black lines are the actual target what i am aiming for.
2. the dark purple line is the resistance which is tested multiple times.
3. minor blue lines are the levels, where one should look at buying for dips, or buying for averaging out(if stock is in short run).
MOVING AVERAGES ARE JUST FOR REFERENCES, FOR A SMALL LOOK AT IT! ITS NOT SAYING MUCH
FIBONNACI RETRACEMENT LEVEL OF 0.618, GREAT SUPPORT TO BUY.
Rejection in the playRejecting from W 0.618 and closing below the upward trendline makes this is perfect candidate to short. Dropping below 4100 will open doors for 3750 - 3330 if continue to see the downfall in the IT sector.
Disc - Personal views trade according to your analysis and risk appetites
Naukri Short term Strongly buy at 4345 target will be 4434
It will be fire in upcoming days best time to invest in naukri for short term
#naukari - keep eye on this stocksif tomorrow market behave negative
or naukari stocks goes below the provided level
then it high chances to go in demand zone
and there we buy at fresh levels
Naukri Pull Back TradeAfter breaking double bottom neckline , price took support at key level (4222-4250)
TARGET 1 -4460
TARGET 2 - 4600
TARGET 3 - 4700
NAUKRI - Long set up formationNAUKRI - I see a breakout & retest of the pennant.
Structure seems bullish above 200 ema.
InfoEdge / Naukri BreakdownThe stock has broken down and retested, therefore may undergo a mild correction in the short term. Trade is supported by Resitances Nearby.
Risk Reward Ratio - 1.5:1
SL is placed above the resistance zone & the upper trendline. The target is placed near support.
NAUKRI (Pre-Results Analysis) | Good Move PossibleNSE:NAUKRI
INFO EDGE (Naukri) - has been into a tight consolidation zone for the past few weeks, with quarterly results being announced today
It was consolidating in an ascending triangle pattern zone (bullish pattern) and made a breakout, Now a re-test at 3990-91 zones could be a good buying opportunity for a swing trade with targets of around 4500+ (Trailing post 4500 levels) a stop loss for this trade could be around Rs 3754 (Giving a R:R of 1:1.5)
My Entry will trigger only at or around 3990 levels
Hoping for a positive Quater
Do Support by Liking and Commenting on our Post as it motivates us to post more such ideas
Disclaimer - The idea shared is just for educational purposes with no intention to promote the company, before investing kindly do your own research and also consult your financial advisor, I am not a SEBI registered individual.
#Tradeplan #candlestick #candlestickpatter #priceaction #learn #Earn #analysis #Relaxo #Grow #harshnisar45 #stockmarket #chart #chartpatterns #swingideas #Learn&earn #Wealth #editorschoice #trending #weathmagnet
NAUKRI NAUKRI - Absorption of supply & breakout
This set up correlated to our article posted above.
Targets - 3800 & 3900
SL - 3700
INFO EDGE (NAUKRI) Trend AnalysisOne of the high risk stocks to go for a positional trade as per its fundamentals.
A clear Head & Shoulder pattern formed and recent price action shows strong bearish divergence with RSI for a bearish continuation.
Price has retested the neckline and is heading towards a downside target of around 2350.
It lies in confluence with golden FIB and long term trendline support.
Good to accumulate around 2200-2500 level for a possible upside of around 4300-4500 level (83% ROI)
Stop Loss around 2000 (Mandatory)
Few fundamental aspects:
Earnings include other income of 13,810 crores, whereas operating profit is just 439 crores for FY 2021-22.
This other income has made the PE look cheaper around 18, keeping aside the other income can make PE above 100.
Intangible assets valuation increased to 902 crores from 75 crores (whopping 12 times in a year) sounds exorbitant.
Being a market leader, there is no doubt on its business aspects but I am not going to invest in this until the fundamentals look attractive, its highly overvalued as per the facts I have mentioned.
Other income is income derived from activities unrelated to the main focus of a business.
Examples are:
Income on bank deposits,
Interest on loan to customer or 3rd party,
Rental income from investment property,
Dividend on equity investments,
Profit on disposal of property, plant & equipment and
Scrap sales
Kindly do your own due diligence before taking any action.
Do follow me to get notified whenever I will be posting updates on some of my TAs in near future if I observe any changes to my current ideas.
Peace!!
NAUKRI - UPSIDE POSSIBILITY MOVE - ELLIOT WAVE ANALYSISDouble zig-zag breakout has taken. Hopefully doesn't go for triple zig-zag?
That's why stick to strict stoplosses !
Anyhow there is a very less chance for forming a triple zig-zag.
Invest wisely.
-Definitely not SEBI - Registered. So, this is only for educational purpose.
Naukri, Cup and handle Naukri had given cup and handle breakout. Now trading in channel, wait for the channel breakout for further upside momentum
INFO EDGE BREAKING UPSIDEA clear bullish breakout as per charts ..one can go long with a stoploss of 4300-4500 as per risk apetite.
