Infoedge (Naukri) was making higher highs and higher lows, and upward move. However, it broke the pattern and moved down with support at 4066. Once we move to a lower time frame (hourly), we can see that it was making Lower High and Lower Lows, however, such channel was broken with a big green candle.
Now once the stock breaches 4287 and sustain with one hourly candle, we can expect the move towards 5000.
"Learning & Earning"
Cheers!!
Now once the stock breaches 4287 and sustain with one hourly candle, we can expect the move towards 5000.
"Learning & Earning"
Cheers!!
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Naukri has moved 3% from the 4287
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Naukri has moved to 4492; 4.8%
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Naukri is on a downtrend for quite some time and is respecting the tread line. Let's wait for breakout for a good move.
Naukri is on a downtrend for quite some time and is respecting the tread line. Let's wait for breakout for a good move.
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Info Edge reached 5000+ today..Cheers!! More to go.....