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BlackJackCo
Jan 13, 2019 10:03 AM

NSE: Navin Fluorine possible bounce back to 712 Long

NAVIN FLUORINE INTNSE

Description

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

Trade active

Holding the support at 640 and also a stop loss

Trade closed: stop reached

Stop Loss Hit
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