This scrip is expected to give breakout as is under consolidation phase and expected to give breakout in coming days. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all.
There is a Rounding Bottom Pattern in the share of Navkar Corporation. Possibly it is gearing up for a Big Upmove and since the Market Sentiments are also Bullish it is a Good share with Sound Fundamentals. One can Long the share it for a minimum upside of 15-20% from Current CMP in the coming 1 year.
1. Breakout happened at 39 and in the retrace phase now , buy if it crosses immediate resistance 45. 2. Target 50/65/100 3. SL 38 Disclaimer: This is educational purpose only.
The stock is testing it's trendline and looks good for swing above 40.45 level
NAVKARCORP : Weekly chart - Taking support on 50 weeks moving average - RSI support on 40 - Potential to reach 45-48 in 8-12 weeks time ACCUMULATE NAVKARCORP in range of 31-32
NAVKARCORP looks good for long on weekly chart for 3 reasons : 1. Trendline support 2. Retest of the previous level 3. Fibonacci support of 0.5 levels
NAVKARCORP | Excellent U turn, looks great for 400% - Don't put more than 5% of the capital. May take few months to year to reach the target. CMP : 42.30 (Dip @ 32)
Above 43.50 Target 48, 50, 53, 61, 65
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!
Triple top breakout on weekly chart any pull back toward 224-213 is good entry for 250 -270 sl 185
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...