Inverted head and shoulders pattern seen in the stock.
Stock has broken out, retested and now started trading above 50DEMA for a potential upside tgt of 3435, 3565
Can be traded using May Futures/ Cash segment.
The stock gave a falling wedge breakout last week and sustaining as well.
This is also a major S/R zone. Can be a good reversal from here.
This idea is for Educational Purpose only.
This is not a BUY/SELL recommendation.
Learn & Earn,
Dr. Tanya Kumar
The stock is forming a round bottom pattern and possibly in bottoming out phase. On weekly time frame, a shakeout can be seen. Go long at CMP with SL 3020.
🔔 BUY Signal Alert! 🔔
🔗 Ticker: NAVINFLUOR
🌐 Market: India Equities
🔄 Side: Long
⏱️ Type: Swing Trade
🎯 Entry: 3170
🛑 Stop Loss: 3122.4
🥇 First Profit Target: 3221.6
🏆 Final Profit Target: 3289.4
The CHAMLEO EDGE model uses a proprietary algorithmic program at the pre-market auction to identify potential stocks for each day. The algorithm then calculates where...
NSE:NAVINFLUOR Stock is likely to break out of an inverse head & shoulder pattern.
Buy above 3265 rupees.
Target 1 is 3300 rupees.
Target 2 is 3400 rupees.
Stoploss below 3030 rupees (One Day Candle Closed).
NSE:NAVINFLUOR - Daily Chart analysis
Price Vs RSI divergence seen on daily chart
Price Vs MACD divergence seen on daily chart
Bullish Head and Shoulder Pattern seen on daily chart.
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...
Short Term Idea : It's time to bet on chemical
Finally Showing reversal on daily and weekly chart.
let's enter at CMP for the target of 4000 with a strict Stop loss of 2880 & hope for the best
Risk Reward in favors
Time Frame 7-8 months
Currently NAVINFLOUR is trading @ 52 Week low and Still it is showing Sign of weakness with Respecting 20 day Moving Average.
Short May-2024 Futures and Buy 2800 PE of March-2024.
Stoploss - 3150
Target :- Exit position Until It breaks Previous day high or Recent Market Structure.
Note:- Only For Educational Purpose.
Demand zone market in Green.
Supply zone market in Red.
A simple but clear price action.
Accumulate @ 2600 & 2100.
Stoploss 1850.
Target 3860 & 4700.
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI...
fundamentally very strong compony in chemical sector which is placed in a very sweet spot for beaten china competition ,adverse demand supply situation.
monthly & weekly chart shows strong uptrend...
daily chart shows accumulation at bottom....
The recent price correction of 33% from the high of 4950 has been in line with correction seen during year 2018-19.
Monthly RSI has also touched its Oversold Level.
Prices are now not likely to see further correction.
Monthly MACD crossing above its Trigger line (along with price clearing its previous all time high of 4950) would confirm strength.
However,...
- 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
