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.
CMP 3732.75 BUYING ZONE 3366-84 (Which is already Passed) SL 3250 TGTs 4203/4724/4950 (Positional View Weekly)
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....
Fundamentals Pros: Strong Financials: Navin Fluorine's financials are robust, indicating stability and growth potential in the specialty chemicals sector. Strategic Institutional Support: DIIs have significantly increased their holdings, signaling institutional confidence in Navin Fluorine's future performance and growth trajectory. Diversified Revenue...
Navin Fluorine trying to form Double bottom pattern. Target 4580
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,...
Trinagle BO within parallel channel good reward and balance risk may give good returns for next 2 month
- 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
Navin Fluorine has formed good upside pattern after long consolidation. Looking really attractive at this price point because had good fall from higher levels. If sustains & consolidate above the trend line, It can propel further. It has my iconic "Slanted inverted head & shoulders pattern.
trading under 10,20 ema and with market turnin bit bearish- this trade looks good in conviuction to short. + weak sector
NAVINFLUOR has been giving higher highs for past 3 days with todays volume less than yesterdays volume and RSI showing bullishness. Bullish breakout possibilities if the stock opens positive and crosses above todays high of 3915.
- The current price action of Navin Flo - There isn't any strong fundamental catalyst which can make the price bearish - It will be important to watch out for a retracement before you want to enter this - Humble request to keep you risk minimised
NAVINFLUOUR (1D TF) Swing Trade Analysis given on 1st December, 2023 (Friday) Pattern: ASCENDING TRIANGLE - Volume Spike Buildup Near Resistance - Done ✓ - Neckline Breakout - In Progress - Retracement + Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #navinfluor
- target available in screenshot - just for education purpose
Navin Fluorine With a Good Cup and handle structure and looks like its going for a gap-filling move
Navin Fluorine has fallen 25% as of now. It is in channel from 2.5years and finally broken the channel. On monthly TimeFrame RSI is very weak and may fall more. Targets according to Channel Target1: 3500 (which is also 50% of channel level) Target2: 3050 (which is almost 35% from all time high)