ssudhirsharma11

#Naukri Can it cross resistance this time?

NSE:NAUKRI   INFO EDGE
Naukri on daily time frame has reached its resistance of 4544 which it has not crossed since Aug'23. Pattern-wise, I can see cup & handle formation but RSI is also at its resistance level of 72.64. So I will plan to go short tomorrow if there is any sign of reversal at 4550/4580 level where my SL will be very small. If price can sustain above 4577 at least for 1 hour then there can be a good upside move as well. I am prepared for both, are you?

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