Navin is weak and mostly in Wave A correction.
Once the stock close below 3080, it has potential to touch 2770 and 2240 in next few months (mid april'24).
once trade is active, keep stoploss of 3230
NSE:NAVINFLUOR confirmed a reversal in price action yesterday. Target and SL are marked on the charts. Trade responsibly.
Remember, nothing is guaranteed and nothing overnight in stock markets.
P.S. 200 EMA should be a short target for low-risk takers.
All the best!
The chart shows recent implusive decline in 5 wave as seen in the chart.
The price is trading above Progressive Trend Tracker created by KivancOzbilgic, that indicates strength to the bulls.
The GANN square of 9 provides important resistance and support levels as observed in the chart.
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NAVINFLUOR WEEKLY CHART
Ellipse breakdown @ 3430 MOB @ 2600-2500
This stock has witnessed an ellipse breakdown @ 3430 levels, MOB projected @ 2600-2500 levels.
Its only my observation & not any suggestion or recommendation.
Hello Frds
Navin Florine ready for down as per Elliot wave.
Retailers only entered
Big money will enter hence it will create Double bottom
keep an eye 3300 -3200 Levels for buying . Big money always buy at cheaper than retailers .
Best investment for 1 year. Target 4500-4600
Note: this is for Education purpose only.
NAVINFLUOR
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Double bottom Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 4770+.
✅Can Go Long in this stock by placing a stop loss below 4390-.
Navinfluorine, perhaps can go down from current levels as rising channel breakdown pattern or breakout from rising channel then fall from upper trendline which is acting as major resistance
NSE:NAVINFLUOR
Stock has given breakout from 4450 level on April 1st week.
Currently stock is trying to take support on the same level.
It’s good entry with small SL, Target as per your Risk.
Please note that I’m already long in it from 4485 levels.
This is only for educational purpose, please manage your risk accordingly.
I feel it is a good accumulation near 4300 levels and profit bookinh is going on and one can accumulate in range of 4000-4400 with short term SL of 3850.. it can be a worth buy for target of 5300
After a long correction the stock took the support near Rs 3850 and reversed sharply, on last thursday the stock rallied over 5%. Despite tepid market condition, the stock held the positive momentum throughout the day.
Technically, the medium term texture of the stock is still in to the bearish side. however, above Rs. 4000 the pullback formation is likely to...
