Info Edge (Naukari) Weakness Ahead
The price action looking weak as it confirmed a Lower High (LH) and now it may continue the downward trend and will fall further down. The price action may reach to following targets.
T1- 1900 (1:1)
T2- 1600 (2:1)
SL - 2360
T1- 1900 (1:1)
T2- 1600 (2:1)
SL - 2360
Note
As the stocks opens in green today and then extended the rally. The chart idea did not go active due to impulsive early movement in the morning. Now, it is wise to keep at watch and wait for weakness in price action near resistance zone. (Chart for reference)
Note
As expected, price action reverses from the resistance zone, now once it breaches 2300 levels then it confirms further weakness ahead as earlier expected. #watchlist.Note
The time has come when we could see clear break out from the trend line. Now,
T1- 2200
T2- 2000
SL- 2440
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.