NAUKRI (INFO EDGE) - POSITIONAL TRADEBUY ZONE : 4800 to 4900
Can look for : 5600+, 6400+
View not valid if DAY CLOSE below 4220
NAUKRI trade ideas
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
Quick trade info edge can see these levelsThis only for educational purposes trade at your own risk🙂
INFO EDGE (NAUKRI)One can think of purchasing Naukri at current levels and has to accumulate it till 4200 levels. As it price action is in triangle formation seen in the attachment image. Once breakout is confirm it can go back to previous highs in next 3 months time. So, one can initiate a buy with sl of 4050.
buy naukribullish cypher pattern has formed in naukri 2hr chart. it may retrace till 0.38%-0.50% of point CD
Bullish viewSupporting triangle pattern and took support at 78.6 Fib level and enter now or once retested after breakout and target is - 5590
Naukri Infoedge - Divergence tradeNaukri Infoedge looking good for buy above 4490
- RSI Divergence
-Volume breakout
-Jumped with bullish bar from good support with good volume
Info Edge (Naukri)Info edge changed its trend and has a beautiful swing trade oppurtunity. Broke 4370 level like a hero and am excited to see its next few days moves. Levels are marked in the chart where i ll take partial profits.
INFO EDGE DAILY CHART BOUNCED BACK FROM 200 DMA . LOOKS GOOD FOR TOMM INTRADAY AND POSITIONAL . ADD MORE IN 4370-4400 ZONE , TGT 4580/4690 ,NEGATE IF CLOSED BELOW 4200
