INFO EDGE (I) LTD
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Naukri(Info Edge) rounding bottom pattern

1 148
Info edge. It looks like it will finish the rounding bottom. Targets are big. Please follow the analysis. will update time to time also.

Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.

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Catatan
above 7290 next will be 7500 easy.
Catatan
7460 is certain now.
Catatan
Half way gone.

cuplikan
Catatan
Above 7460 it will become strong again. Re-test there then new trend will start.
Catatan
7460 above closing is very important for next leg of rally. I think this counter is ready for that. Targets are big. New hiring season also coming.

Catatan
Breakout done. It has unlimited upside potential now.
Trade aktif
Small price action in naukri.

cuplikan
Catatan
Above target done. next one.

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Catatan
Price action still intact

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Trade aktif
Naukri on bigger timeframe rounding bottom breakout done. Can go long way now.

cuplikan
Catatan
As described. It's started.
Trade aktif
Naukri(jo humko karni nahi) breakout done in weekly timeframe.

cuplikan
Catatan
Naukri above 8220 closing it will blast.

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Good recovery today and sustained breakout.

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Catatan
Naukri getting ready for new trend.

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Catatan
6600 final support should sustain this if trend reversal.
Catatan
resting 7460 zone.

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