NAUKRI trade ideas
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
Naukri/Info edgeTaking trendline support as wel l as 200EMA support
Adding at CMP 4400-4450
Strict SL 4200
tgt as per your greed
Info EdgeThis chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
Naukri (Info Edge) AnalysisSince January in 1D time frame, the stock has been respecting the upper trendline. And since December it's respecting the support at 4400, once broke it and retraced back very fastly. The path expected in drawn and technically upmove has more possibility.
naukri can go long after breakout 15minnaukri can go long and zomato ipo is also comming
made inverted head and shoulder pattern presently facing retracement needs volume breakout.
if breaks 5114 and sustains above 5170
target 5480 sl 4940
buy naukriafter some consolidation NAUKRI has closed abv resistance level in 2hr charts. we may see upside till 5350. view negated below 4800
