slowing downward momentum along with doji on monthly charts, good to go if we get a close above 40!
Scrip can be seen taking bullish reversal as prior trends however, expecting the scrip to surpass 52-week highs this time. Any pullback also could be opportunity to buy fundamentally sound company averaging down the price as previous trends shows the crucial support line to be strong reversal zone Noticing the current price action, The scrip didnt correct much...
If the stock manages to give a sustained close 179-180 levels, then more strength can be seen adding to the stock!
it is near to all time low . let see what happens to it
Triple top breakout on weekly chart any pull back toward 224-213 is good entry for 250 -270 sl 185
NSE:NAVKARCORP Buy Range - Rs160 to Rs166 StopLoss - Rs147 Target 1 - Rs177 Target 2 - Rs204 Time - 6 Months
I bought shares of this company for next two years...
Fundamentals- 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...
Cup 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.