Pro-Setups

Navneet Education - Facing resistance from 25 weeks EMA

Long
NSE:NAVNETEDUL   NAVNEET EDUCATION
- Trend - Downtrend (represented by Red bars above)
- Facing resistance from 25 weeks EMA (or 250 days EMA if seen on daily timeframe chart)
- Promoter buying seen in March 2020 quarter.
- ROCE consistently over 25% in the last 10 years. Current Debt:Equity 0.3x
- Making Ascending Triangle Pattern
- Can the National Education Policy 2020 be a Bull trigger for companies in the education sector?


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