Navinfluorine Looks Good!NSE: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.
NAVINFLUOR
#NAVINFLUOR... looking good from 3 AUG#NAVINFLUOR...
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a good movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
NAVINFLUOR SHORTI hope you can now see how NAVINFLUOR represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NAVINFUOR - Going To Make ATH - Swing CandidateThe stock is trading at weekly trendline and holding itself above it. Seems like bulls are still here. We have been buying all the dips like this since a long time. Trade on confirmation. Level has to break. This is one the best bullish stocks ever.
NAVINFUOR
Buy-Above 3650
Sl-3200
T-4200 4745+
NavinFluorine - Go Long - Weekly #NavinFluorine #weekly
=> On Weekly chart it follows rising channel pattern forming Higher highs and Higher Lows.
=> Clearly bounced back from the support level(Positive Divergence)
=> Increase in volume confirms bulls are in control
=> Historically, it takes support from 20 sma and bounced back. Now took support at 20 sma
=> Immediate resistance placed at 3973, it's good to go long above the resistance.
=>Can go long till upper channel trendline, later when breaks can re-enter.
=> SL is previous week low, in this case RR is bit high.
=> This is only for educational purpose, Trading involves Substantial risk of loss, pls consult your financial advisor before investing
NAVIN FLUORINE INT. PRICE ACTION ANALYSIS. TARGETS FOR LONGSToday 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.
Happy trading :)
This is just for educational purposes. Trade responsibly.