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NAUKRI INFO EDGE

This stock is looking like head and shoulder chart patterns breakdown along with good intensity of volume, and it has started its correction as a wave A in 5 subdivisions and then wave B is small and now once price breaks below 4058 then possibly wave C must started, and it should come down in 5 legs only. Below are some supporting scenarios shared.

head and shoulder pattern neckline breakdown on daily time frame
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RK's Sell signal activated on daily chart and also price has broken RK"s stop line and mass psychological cloud
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MACD on weekly negative crossover below zero
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MACD on daily negative crossover and now below zero
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price below lower bollinger in daily
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rsi breakdown in daily and now below 40
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DMI ADX on weekly bearish
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DMI ADX on daily bearish
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Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!

Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Bearish PatternsbreakdownChart Patternselliottwaveprojectionhead_and_shoulderTechnical IndicatorsinfoedgeinfoedgeanalysisNAUKRIniftyitshortshortsetupWave Analysis

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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
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