The stock price of Naukri was trading in a weekly downtrend since October 21 and then started ranging between 4625 and 3300.
This consolidation could be the accumulation phase and if this consolidation gives a bullish breakout, a new UPTREND in Naukri will begin.
If weekly candle closes above 4625, NAUKRI can be a good pick for mid-term investment.
This consolidation could be the accumulation phase and if this consolidation gives a bullish breakout, a new UPTREND in Naukri will begin.
If weekly candle closes above 4625, NAUKRI can be a good pick for mid-term investment.