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Do you check the Technical Analysis that I put daily in the “Blog section” of our website www.rachanaranade.com
If not, I think you should start it today!
On 23 January, we had shared the technical analysis of Naukri (Info Edge) and had put forward the analysis that it is showing bearishness as it has broken down from a Head and Shoulder pattern.
The stock was trading at 3734 levels at that time.
In the next 15 days, the stock made a low of 3351, which is ~10% below the levels since mentioned.
So, I highly recommend you to daily read the technical analysis blog.
Also, if you would like to learn full Technical Analysis that I do in one go, you can check out my
Technical Analysis course on:
http://link.rachanaranade.com/TA
Use the Coupon Code “RESEARCH5” for an instant 5% discount.
Disclaimer: The views posted in the daily blog are not suggestions or recommendations. They are only meant for educational purposes and you should consult your financial advisor before taking any financial decision.