Long view on Naukri We can see clear break out with high volume n consolidation for 2 weeks now it can probably go to all time high
NAUKRI trade ideas
NAUKRI/INFO EDGEA very good correction and rejection from major levels charts suggest a buy .. chart structure can change .double bottom + descending triangle ✨ a techincal pick not a fundamental.
Inverted Head & Shoulder PatternIn Naukri/Nifty Ratio chart made a inverse head & shoulder pattern after a deep correction , for now high probability #naukri outperform Nifty .
Naukri Descending Triangle breakout and double bottom in makingNaukri Broke out of a Descending triangle pattern with good volumes, there is also a double bottom pattern currently forming with neckline at 4635. Potential Targets are 5610 and 6020.
NAUKRI - Weekly AnalysisIn the Weekly Chart of NAUKRI ,
we can see that, it has given breakout but it is not strong.
Also it has made a Big Decision making Halt candle.
Lets see which side does it take a Mometum.
#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
Bullish pattern in info edgeThere is inverse head and shoulder pattern break out on daily basis chart. Trader can hold it for short term period.
{INFO EDGE(NAUKRI) } : (TAKING A LAST DIP)
Price is in a Fresh Weekly Supply which has violated the opposite Weekly Demand which signifies more sell orders in the Current Weekly Supply
Reward to Risk ratio is 3:1, Hence short position.
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
Naukri (Info Edge) Long TradeThis is a future probable trade. Entry, Target and Stoploss are mentioned in the chart. Keep an eye on reversal in the range.
Reversal Zone - 3390 - 3460
Trade - Buy
SL - 3310
Target - 3610,3720,3820
INFO EDGE NAUKARIDay chart of info edge in which it is making triangle pattern breakout of this pattern in anyside can give some movement lets wait for breakout
NAUKRINSE:NAUKRI
One Can Enter Now ! Or Wait for Retest of the Trendline (BO).
This stock has consolidated a lot ! Just wait for Weekly Close !
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!
NAUKRI uptrend possible, keep it in watchlistTaking strong support in triangle pattern, Do your analysis and trade
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)
