Today Navin Flourine broke out its previous all-time high with high volumes. Wait for the pullback if the price starts falling, can go long above 3890 and place stop loss at 3890.
If the price sustains above 4015 then go long and targets are given by the XABCD bearish butterfly pattern's 1.27,1.414 and 1.618 extensions.
Place the stop loss below 3890.
Navin Flourine has been on a non stop rally. The stock has grown into strengths and has not given a reasonable dip. Due to this, investing at idea level is not easy and also we have risk of downside if the company disappoints.