Navinfluorine Looks Good!
NAVINFLUOR The price appears to have found a bottom, signaling a potential reversal as it breaks upward following a phase of consolidation or indecision.
The Diamond Bottom pattern typically forms during a downtrend, where prices initially create higher highs and lower lows, forming a broadening structure.
Over time, the trading range narrows as the highs peak and the lows begin trending upward. A decisive upward breakout from the diamond's boundary confirms the reversal, marking the transition to a new uptrend.
PLEASE NOTE THAT:
- This chart analysis is only for reference purpose.
- This is not buying or selling recommendations.
- I am not SEBI registered.
- Please consult your financial advisor before taking any trade.
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