[Positional] Naukri Retracement Bet BuyNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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NAUKRI trade ideas
NAUKRINSE:NAUKRI
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Beginning of a New UPTREND In NAUKRI.COM???The stock price of Naukri was trading in a weekly downtrend since October 21 and then started ranging between 4625 and 3300.
This consolidation could be the accumulation phase and if this consolidation gives a bullish breakout, a new UPTREND in Naukri will begin.
If weekly candle closes above 4625, NAUKRI can be a good pick for mid-term investment.
NAUKRI Ascending triangle chart pattern in 4 hour time fram take break out at resistance level with High volume and make retest at that level also make double bottom in weekly time fram that's bullish Sign , RSI and MACD saw fair value for bullish trend so first Target will be 4820.25 and Stop loss will be 4001.85
This is for educational purpose not a trading advice so that's my view comment down your view 🤗
#NAUKARI... Looking good @15.05.23#NAUKARI... ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
Skeptical on her StrengthThe holdings of Zomato will yield more pain...
However, revenue from operations looks consistent. The exceptional items of the balance sheet hurt investor sentiments. As the rising liabilities in last four quarters and astounding expenses on Ads and employees is affecting the operating margin