Nava is one of the strongest stocks in the market...Company is having a profitable turnaroud in its Zambia operations wherein the govt. entity ZESCO, has begun honouring an arbitration award won by Nava and the power tariff issue has also been settled.. further, as per screener this has less than 50,000 shareholders which I think is pretty low for a 7500 crore...
Nava Ltd CMP 501 available at PE of 8 only. Market Cap only 7280 cr on the sales of 3778 Cr. Seems very cheap fundamentally even though it ATH.
Nava Bharat Ventures Ltd was established in 1972 as an Indian ferro alloys manufacturer, Nava Bharat is now a multinational company, operating in India, South East Asia and Africa with businesses in metals manufacturing,...
--consolidating
--wait for the brekout and enter
-Upside potential 535/634/734
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- The view expressed here is my personal view
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- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do...
Nava Ltd showing bullish momentum with wide range candle on upside. once the price sustains above 485 level may move up to 550-575 level. So, add Nava ltd to your watchlist for a good entry. Important levels marked for reference. Happy learning traders
Value undervalued company having very great financial figures
after a great rally from 250 to 450 now again taking support at 200EMA .
A Good Reward/Risk = 4:1 can be a great swing trade.
Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the...
#NAVA trading above Resistance of 431
Next Resistance is at 583
Support is at 277
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support 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...
#NAVALTD
CMP ₹.450/-
Stock from power sector, looking good. Breakout happened in 2.5 year long and 1 year long resistance trend line. Technically looking good but due to the overall blood bath in market recently, it is very difficult for the stock to survive and keep the trend. Some fall can be expected with prevailing market trends. But if it can outlive the...
Nava surges 13%, hits record high in weak market on heavy volumes
In past four months, the stock price of Nava has appreciated by 84 per cent after the company recorded a remarkable financial performance for June quarter (Q1FY24).
Shares of Nava (formerly Nava Bharat Ventures Limited) hit a record high of Rs 465.65, as they rallied 13 per cent on the BSE in...
Updated Idea - Near 52 week high with significant volumes and highest recovery from 52 week high. Profit booking can happen soon .Expecting 20% movement nearer to 360 levels within a short span of time.Reducing debt is also a positive sign.
The patch that are highlighted in the chart clearly dictates the pattern this specific company follows after some consolidation each time. Hoping to a new rally towards 500 before another round of consolidation.
Time Frame - Daily
Concept - Support Resistance
Conclusion
1. Resistance breakout at 4th Point
2. Volume spike seen
3. Relative Strength also good
This chart is only for educational purpose. Do your own analysis before taking any trade.
~All the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
DISCLAIMER
Our video is intended only to provide general and preliminary information to traders/investor and shall not be considered as any investment decision. Do your own analysis, This is not a buy or sell tip. This is just for educational purpose only. And I'm not responsible for your Profit or loss as I'm not a SEBI registered financial advisor.
Nava Ltd
DISCLAIMER - We are not a SEBI Registered Advisors. This channel is purely for Educational purposes only. We will not be responsible for your profit and loss.
Chart -> Nava Daily
All time high breakout with volume and cup & handle pattern can give wings to Nava.
CMP: 292
Good Range: 280 to 290
Target: 340, 380
SL: 270 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.
