NSE: Navin Fluorine
Pullback from 582 to high of 777 formed a consolidation channel.
Price is moving between high and low.
Formation of Symmetric triangle suggest a bounce from 667 level
Possible buy @ current level above 667 with stop loss 640 for a bounce back target of 712 to 735.
Strong resistance at 735, if break out will push price upwards towards 777
Pullback from 582 to high of 777 formed a consolidation channel.
Price is moving between high and low.
Formation of Symmetric triangle suggest a bounce from 667 level
Possible buy @ current level above 667 with stop loss 640 for a bounce back target of 712 to 735.
Strong resistance at 735, if break out will push price upwards towards 777
Trade active:
Holding the support at 640 and also a stop loss
Trade closed: stop reached:
Stop Loss Hit