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
Taking trendline support as wel l as 200EMA support Adding at CMP 4400-4450 Strict SL 4200 tgt as per your greed
Info edge at support levels . Watch it for 4900 levels once reversed
Everything is explained on chart !
This chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
Since 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 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
after some consolidation NAUKRI has closed abv resistance level in 2hr charts. we may see upside till 5350. view negated below 4800
All levels are mentioned on chart. Happy Trading :)
Naukri (Infoedge) seems to be forming Inverted Head and Shoulder pattern on Daily Chart with decent volumes. Breakout will be on any closing abv 4870.
infoedge on important support zone
info edge (naukri) also holds stake in zomato... inverse head and shoulder is seen on charts!!1
Buy Naukri above 4520 Stoploss 4450 Study: Stock is consolidating in 1 hour timeframe...Good price action...If breaks this range with volumes then stock can give good momentum
NAUKRI formed Bullish Gartley pattern. Can it go up ? Watchout the price at PRZ.