Naukri Info edge wave counts and much more things.

Naukri (info edge)
Friends, please go through details shared below, which are making our bearish bias very strong.

All the key levels are mentioned in chart along with stop loss and Targets.


Possible wave counts on Daily time frame


RK's mass psychological cloud is also suggesting Bearishness ahead.


Bearish divergence in MACD, RSI and STOCHASTIC too.


Currently price below lower band, RSI below 40, MACD negative and below zero line, and finally DMI bearish along with ADX bearish power up.


Breakdown with good intensity of Volume on daily chart, also with further follow up in price action.


MACD in daily Negative with Down tick below zero line


MACD in weekly Down tick below zero line


MACD in Monthly Negative with Down


Price closed below 20WMA mid Bollinger band of weekly time frame.


RSI in Daily is below 40.


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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.