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
NAUKRI trade ideas
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.
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 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
