BlackJackCo

NSE: Navin Fluorine possible bounce back to 712

Long
BlackJackCo Updated   
NSE:NAVINFLUOR   NAVIN FLUORINE INT
NSE: Navin Fluorine
Pullback from 582 to high of 777 formed a consolidation channel.
Price is moving between high and low.
Formation of Symmetric triangle suggest a bounce from 667 level
Possible buy @ current level above 667 with stop loss 640 for a bounce back target of 712 to 735.
Strong resistance at 735, if break out will push price upwards towards 777
Trade active:
Holding the support at 640 and also a stop loss
Trade closed: stop reached:
Stop Loss Hit

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.