NAVINFLUOR HARMONIC VIEW WEEKLYCMP 3732.75 BUYING ZONE 3366-84 (Which is already Passed) SL 3250 TGTs 4203/4724/4950 (Positional View Weekly)
NAVINFLUOR trade ideas
Navin Fluorine IntDemand 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 registered.
Happy Trading :-)
NAVIN FLURINE ( 28% UPSIDE POTENTIAL)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....
NAVINFLUOR : Going LongFundamentals
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 Streams: With 40% of sales coming from specialty chemicals, Navin Fluorine demonstrates resilience through diversification in its product offerings.
Innovative Product Pipeline: The company's plans to launch five new specialty molecules indicate a commitment to innovation and adaptation to market demands, potentially opening new revenue streams.
Alignment with Government Initiatives: Navin Fluorine's expansion into opportunities related to EV batteries and solar energy aligns with government initiatives, positioning the company favorably in burgeoning sectors with substantial growth potential.
Cons:
Leadership Transition Concerns: The stock experienced a downturn following the MD's resignation, raising concerns about leadership transition and potential disruptions in strategic direction.
Recent Weak Quarterly Results: The company's recent weak quarterly results may have contributed to investor uncertainty and dampened short-term sentiment.
Retailers Holding Increase: Retailers, often considered weak hands in the market, increasing their holdings might signal a lack of confidence or susceptibility to short-term market fluctuations.
Technicals
Took two positions at different levels summing up my total holdings in the stock to about 2.5% of the net capital.
I recognize a potential upside of about 39% to the all time highs from my average price levels.
Will be re-evaluating the fundamentals and technicals of the stock from time to time to decide when and how to exit my holdings.
Will update underneath if I make any changes in my holdings in the future.
Navin Fluorine trying to form Double bottom pattern.Navin Fluorine trying to form Double bottom pattern.
Target 4580
NAVINFLUOR
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, at current level, risk seems low, so can start acculumating.
NAVINFLUOR 4649Trinagle BO within parallel channel
good reward and balance risk
may give good returns for next 2 month
Navin Flu Swing Long Update - 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- a good short?trading under 10,20 ema and with market turnin bit bearish- this trade looks good in conviuction to short. + weak sector
NAVINFLUOR Breakout possibleNAVINFLUOR 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.
Navin Fluorine Long Swing Setup - 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 - SWING TRADE - 1st December #stocksNAVINFLUOUR (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
Cup And Handle StructureNavin Fluorine With a Good Cup and handle structure and looks like its going for a gap-filling move
Navin Fluorine is bearish and weak in coming daysNavin 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)
Navin Fluourine - For investmentNavin Fluorine Monthly Chart
5th Oct 23
After July 22 price had reached its origin of movement
Entry for short & long term can be made at CMP
CMP 3700
Sl Monthly Closing below 3550
TGT 10-15% for swing
For investment 4250/5000
Note: Sharing chart for education purpose
Do your analysis before investing
NAVIN FLOURINE MY VIEWcmp-3764
for educational purpose:
hope it survive and sustain at this level
hope fundamentals improve in next q3/q4.
not a trading idea
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Channel
📌 Symbol/Asset: NAVINFLUOR
🔍 Description: Stock is going up in a Rising channel. and Support is coming around 4200-4300.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
NAVINFLUORINE C&H BREAKOUTNavinfluorine breaks C&H pattern
good volume
trading above all key ema
target can be 4900
educational idea only
NAVIN FLUORINE LOOKING GOODAbove 4500 expecting a good upside move as consolidating from many days in this range. Keep SL at 4400
Swing trading opportunity in NavinNavin flour looking good for a swing trading for the coming week, keep a RR of 1:3
please keep strict sl as well
