ABCD pattern in NaukriNaukri is forming an ABCD pattern. buy above 4320 stop loss 4050 Target by Mar'24 is 5890, 35 % upside potentialLongby yogesharora2409Updated 2
Stock Analysis: Naukri (Info Edge) 📈 Stock Analysis: Naukri (Info Edge) 🚀 🔍 Current Status: Stock: Naukri (Info Edge) Current Price: ₹5200 Buy Zone: Around ₹5000 (Approx) Target Price: ₹7400 📊 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. 🎯 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 ₹7400 reflects the growth potential and positive market sentiment. 📆 Timeline: Consider this as a medium to long-term investment. Monitor market conditions and company news for informed decision-making. 📈 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. 🚀 Happy Investing! 📈🌟Longby vsalunkhe000
Naukri negative divergence in RSI also trending on Resistance onNaukri negative divergence in RSI also trending on Resistance on daily time frame and price rejection seen there so tomorrow i can see for shortShortby AsifHussain9990