Navkar Corp : Weekly break out Triple top breakout on weekly chart any pull back toward 224-213 is good
entry for 250 -270 sl 185
NAVKARCORP trade ideas
Navkar Corporation LTDFundamentals-
1)A small cap company in logistics space.
2)Expanding rapidly over all at >20% YoY.
3)Decent sales/growth/profit figures.
Technicals-
1)The stock is near its one year low of 151 and is likely to pick up momentum.
Keynote-->Its a good stock that can be accumulated at every dip.
CMP-160(25th Feb'2017)
Stop Loss-154
1st target-200(8 months)
Disclaimer : I am a private Investor/trader who is just expressing his views. These are just my opinions and i am not giving any kind of free or paid calls. I am using this platform to share my knowledge and learn from other's knowledge. I might be/might not be invested in my opinions.
NOTE-->I give preference to the traders/investors who encourage me by commenting and liking my ideas.
Navkar Corporation - On watchlistCup with handle breakout can give 35-40% returns post b/o. Currently volumes are dry, one can wait for breakout with good volumes for good returns.
