- Navin Fluo looks all set for a huge move
- Add size if you see it trading around 3780-3800
- Targets could easily be somewhere around 3900-4000
- Be a little patient the setup looks good but might consume time
- The current price action of Navin Flo
- There isn't any strong fundamental catalyst which can make the price bearish
- It will be important to watch out for a retracement before you want to enter this
- Humble request to keep you risk minimised
#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
Looking good on short side as the 4H candle closed with huge wick wait for the low to break.
Please do follow me for more such trades and do check out my previous analysis.
navinfluor 4243
Closed all-time high
Heavy volume Breakout
Support And Resistance Already Mention In Chart As trendlines use them
Strong fundamentals Stock
I 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 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+
NSE: NAVINFLOUR 3462
-Near Breakdown in Rectangle Pattern
-Volume and price both confirm the Breakdown
-Next level to watch 3200
-Resistance near 3600-3650
#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,...
#NAVINFLUOR:- The Upward Channel inside the symmetrical triangle pattern gives a breakout
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
#Stocktowatch
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.
Happy...
