📊 Info Edge (NAUKRI) – Recovery Attempt Near Key Support
The stock is showing signs of stabilization after a recent correction, with buyers defending important support levels.
🔎 Technical Observations:
• Recovery from lower support zone
• Support levels holding firm
• Momentum indicators improving
• Price attempting to reclaim short-term resistance
🔑 Key Levels:
• Immediate Support: ₹978 – ₹958
• Major Support: ₹943 – ₹922
• Immediate Resistance: ₹1,048 – ₹1,083
🚀 Upside Targets:
• ₹1,048
• ₹1,083
• ₹1,127+
📉 Risk Scenario:
A breakdown below ₹958 may weaken the current setup and trigger further downside pressure.
📈 Trading View:
👉 Stock is witnessing accumulation near support levels.
👉 Sustained move above ₹1,048 can fuel fresh bullish momentum.
⚠️ For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊