Inverse head and shoulder in NavkarChart -> Navkaar Corp Daily
Inverse head and shoulder breakout with volume!
CMP: 145
Good Range to Buy: 140 TO 145
Targets: 155, 163
SL: 133 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
NAVKARCORP
NAVKARCORP : Chart Pattern Breakout#NAVKARCORP #breakout #chartpatterntrading #momentumtrading #swingtrade
Navkar Corp : Swing Pick
>> Inverse Head & Shoulder pattern
>> Trending setup
>> Volume Spike
>> Low Risk High Reward Trade
Swing Traders can lock 10% Profit and keep trailing
Note : In Current Market Scenario, Breakouts can Fail. So Trade Good setups with Proper Risk Management & position sizing
Pls give a Boost if u Like the Analysis & Dont forget to follow.
Disclaimer : Charts shared for Study Purpose, Consult ur Financial Advisor before taking Position in it. Also do ur own Analysis
NAVKAR CORP. PROJECTIONNAVKAR CORPORATION 1D Timeframe Projection.
Daily and Weekly trends are Bullish.
DISCLAIMER: All labeling and wave counts are done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't be bias, hope on my trade plans...try to learn, and make your strategy... Following is not that easy...
NAVKARCORP - Ichimoku Breakout📈 Stock Name - Navkar Corporation Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 131.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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NAVKAR_CORP CUP & HANDLE BREAKOUT ?cmp 60
Strong resistance 70
above it bullish moves possible up till---
Breakout Targets-- 100 / 130 / 155 / 180
1) Formation of cup and handle pattern.
2) moving in parallel channel
3) Following trendline support
4) Rejected breakout around June--July 2022
5) Breakout expected now above 70
6) value addition
7) Good Company
Regards..
Keshav..
01/10/2023
Disclaimer. I am not a SEBI registered advisor. All views shared on this channel and group are my personal opinions shared for educational purposes .. Good Luck 😉
Rounding Bottom Pattern noticed in Navkar Corp### Rounding Bottom Pattern:
1. **Pattern Identification**:
- The chart clearly shows a rounding bottom pattern, characterized by a long, gradual decline in price followed by a slow and steady rise, forming a "U" shape.
- This pattern suggests a reversal of the prior downtrend and typically indicates a bullish reversal.
### Key Levels:
1. **Support and Resistance**:
- **Resistance Level**: Around 116 INR, which the price has recently tested and is attempting to break above.
- **Support Level**: Previous support levels can be identified around 89.45 INR, which also aligns with a previous low.
2. **Trend Lines**:
- The green trend lines form a rising channel, showing the long-term upward trend.
- The price is currently near the upper boundary of this channel, indicating a potential breakout or a pullback.
### Volume Analysis:
- Volume has increased during the latter part of the rounding bottom, especially as the price approaches the resistance level, confirming the pattern and suggesting that the breakout could be supported by strong buying interest.
### RSI (Relative Strength Index):
- The RSI is at 60.68, suggesting bullish momentum. It is not yet in the overbought territory, indicating there might be more room for the price to rise.
### Price Projection:
- Based on the rounding bottom pattern, if the price breaks above the 116 INR resistance level convincingly, the next target could be projected by measuring the depth of the rounding bottom from the lowest point (around 70 INR) to the resistance level (116 INR), which is 46 INR.
- Adding this depth to the breakout point gives a target of approximately 162 INR (116 + 46).
### Conclusion:
- **Current Price**: 113.16 INR.
- **Pattern**: Rounding bottom, suggesting a bullish reversal.
- **Resistance Breakout**: A break above 116 INR resistance, supported by strong volume, could lead to a significant upside.
- **Volume and RSI**: Increased volume and a moderately bullish RSI support the potential breakout.
### Summary:
The chart of Navkar Corporation shows a rounding bottom pattern, which is a strong bullish reversal signal. With the price currently testing the resistance level around 116 INR, a successful breakout could lead to a significant upside, with a target around 162 INR. The increased volume and positive RSI trend support this bullish outlook. However, it's important to watch for confirmation of the breakout and monitor any signs of reversal.
Navkar Corporation Ltd - Preparing for a 2x move#NAVKARCORP
CMP : ₹.118.95/-
Date : 18-02-2024
Navkar Corporation Ltd is a company engaged in container freight station operations and related activities. A very low debt company with zero promoter pledge having 70% promoter holdings. ROE, ROA improving for last 2 years. Positive cash flow is another strength of the company. Now the stock is near its 52 week high. Fundamentally and technically stock is looking good. A partially completed round bottom pattern can be seen from charts. Tending to break it's 4 year long resistance trend line. If it breaks we can expect a 2x move from the current levels.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly
NAVKARCORP review - from 66 to 101 giving 50% gains till nowreviewing NSE:NAVKARCORP chart posted on 5th Aug 2023 when the price was 66
it made high of 101 giving splendid 50% gains till now
this analysis is for knowledge sharing and educational purpose .
this post is not a buy or sell recommendation.
link of 5th Aug 2023 post given below
NAVKARCORP | How can we acheive 15%+ Return from NAVKARCORP ??NSE:NAVKARCORP
NSE:ADANIGREEN
Reason for Trade : Created a Green Big Candle with good Volume and Resistance Breakout |
Cmp : 62.40
Entry : CMP or Near 61.85
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead.
Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action
NAVKARCORP | Good for 30% + ??NSE:NAVKARCORP
Cmp : 60.10
Entry : Near 52-54
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead.
Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action
Target 1 achieved in Navkar Corp. Gain of 24% Target 2 is ON.his is follow-up on Navkar Corporation. Can check link to related ideas.
Target 1 achieved. Gain of more than 24%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
#NAVKARCORP NAVKARCORP #INVEST #MONEY #NFT #CRYPTO #NSE #BSE #IT#NAVKARCORP
Navkar Corporation Ltd.
NSE:NAVKARCORP
NSE:NAVKARCORP
CMP: 46.7
Target: 60
Sl: 42
DDuration: < 6M
Almost 28% Safe Return expected.
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia