לונג

Naukri - Increment imminent ??

מעודכן

Info Edge recently exhibited a breakout from a descending triangle pattern with notable momentum and trading volume. The stock is currently taking a resistance near 4300.
A successful break of this zone has the potential to generate further momentum.

Disclaimer: Please note that we are not registered advisors and the views expressed here are solely personal opinions. We strongly recommend consulting with your financial advisors before making any investment decisions. We like everybody else, have the right to be wrong.:)

הערה

4500 is an acting psychological resistance. We wait and watch :)

הערה

As discussed, 4500 is an acting psychological resistance. Price seems to consolidate at this level testing it about 5 times already. Although, long upper wicks are not good signals. This proves, the Market is a paradox. So, We wait and watch.

הערה

🚀🚀🚀

הערה

Boom 🚀🚀🚀

הערה

And 12% In !! The 5000 level will be a determining factor for further up move.

הערה

And we see a rejection psychological level. The reason why booking profits based on relevant levels is a good thing.

הערה

Bad results : Info Edge Q1 revenue rises 14% to Rs 676 crore, net profit down 50% amid weak IT sector hiring

הערה

Update: For us, the determined support zone will be 4175. A break and close below it will create uncertainty. This outlook is purely as a swing trader and not as an Investor.

הערה

The Price bounced from the support zone.

עסקה סגורה: הגיע לסטופ

We are out. The EXIT criteria were fulfilled.
As we booked part profits around 5000 levels, We came out almost breakeven.

הערה

Our SL criteria was triggered so we were out but the outcome came in really good.

הערה

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