Range breakout in Navin Flourine after the consolidation of two weeks. Looks strong above ATH 3680 for swing cum intra players. Plan your risk before taking any trade.
Positional Trade(2-3 weeks): Buy: Navin Fluorine CMP: 3465 Target: 3650 Stop Loss: 3300
Buy on daily close abv 3261 stop loss below 3100 on daily closing basis. Bullish hidden divergence is clearly visible along with fall in volume and range. Price has lost momentum suddenly after 2 big selling candles. Polarity reversal is clearly visible. Disc : it's not an investment advice to buy or sell
NAVINFLUOR DAILY CHANNEL BREAKOUT WITH VOLUMES. Stock showing channel breakout on daily time frame with volumes. consecutive close above resistance of 3130 is confirmation to breakout. #Disclaimer:-I just shared view for only educational purpose.
Navin Fluorine International Ltd is broken resistance and at All Time High.
Above 2850 Accumulation Zone 2800-2400 Weak below 2350(closing basis) Target 2995-3112-3400 Very good volumes in last three days
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.
Above 3000 it will definitely reach 3200+ in short periods.
- Daily Chart - Poised for breakout - Looks good for a swing trade if sustains above resistance zone on closing basis - Manage risk by appropriate position size & stop loss
Lower low is already formed . If 2680 holds then 2050 could be see on ticker. LH is still not confirmed which wil be confirmed once recent swing low is take out. Disc : it's not an investment advice to buy or sell
TAKE THE POSITION TRY IT IN YOU PAPER TRADE.
A Perfect Fit for Swing Trades . . . DM for any Enquiry
NAVIN FLUOR: WEEKLY CHART. Getting weaker broke trendline as well the RSI range. Expecting 2000 around.
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn...