π Stock Analysis: Naukri (Info Edge) π
π Current Status:
Stock: Naukri (Info Edge)
Current Price: βΉ5200
Buy Zone: Around βΉ5000 (Approx)
Target Price: βΉ7400
π Technical Analysis:
The stock is showing bullish signs with positive momentum.
Key indicators suggest a potential upward movement. (RSI)
Supportive chart patterns indicate a favorable buying opportunity.
π― Investment Thesis:
Naukri, part of Info Edge, operates in the thriving online job portal industry.
Positive industry trends and strong company fundamentals support a bullish outlook.
Target of βΉ7400 reflects the growth potential and positive market sentiment.
π Timeline:
Consider this as a medium to long-term investment.
Monitor market conditions and company news for informed decision-making.
π Disclaimer:
This is not financial advice. Do thorough research or consult with a financial advisor before making investment decisions.
Markets are inherently volatile; invest responsibly.
π Happy Investing! ππ