INFO EDGE (I) LTDShort
Sell call at 4000, naukri - infoedge
infoedge or naukri can be sold by selling call (CE) at 4000.
Rationale: Weak tech and weak nasdaq, unjustified recent rally in Infoedge. Current P/E ratio is 60, ideal P/E for naukri is 30.
Target for infoedge / naukri (immediate): 3000
None of my previous targets on tradingview have missed, including report on Adani.
Purely fundamental analysis. Price action makes no sense in such scrips.
Rationale: Weak tech and weak nasdaq, unjustified recent rally in Infoedge. Current P/E ratio is 60, ideal P/E for naukri is 30.
Target for infoedge / naukri (immediate): 3000
None of my previous targets on tradingview have missed, including report on Adani.
Purely fundamental analysis. Price action makes no sense in such scrips.
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