NSE: NAVINFLUOR is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this...
NSE:NAVINFLUOR best entry point is 4488 with stop loss of 4421. My expected upside target will be 4607.
Note: This is my personal analysis, only for learning. Thanks
Navinfluor looking good above 4330.It will give finest breakout above 4330.Target looking 4400-4440-4500++ in very short term.I am keeping on radar Navinfluor 4400 CE.
Hello and a warm welcome to this analysis using Ichimoku and Harmonic Patterns
We can see in daily time frame A bearish butterfly near 4200 in early SEPT lead to a sharp decline till end OCT to 3200.
Now in the bounce back it has activated a bearish reciprocal ABCD that is near the falling trend line.
As per Ichimoku we can see the Base line has gone very far from...
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone, 200 EMA, 200 MA & the lower trendline. The target is placed near resistance.
All the key levels are mentioned in chart
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Hello Traders, Now this is the time when we can think to create a long potion because it has given the fresh H&S breakout and it has consolidated in a range of 2490-2600, now it is just above the range and 20 DEMA, so lets see what happens! have a good luck!!
Navin Flourine closed strongly at support despite weakness in Nifty...
If it comes to 2033 good to enter or else we have to enter at whatever the price tomorrow is... cmp 2045 SL 1986...
60 points SL is little high but reward will be more as it can breakout 2200 and move to 2300 1:3 risk reward lets see...
The price action is indicating an ascending triangle - a bullish pattern. This means that a breakout of ₹2,200 can result in a sharp rally. Also, the area between ₹2,085 and ₹2,100 looks like a considerable support region. Going forward, the stock will most likely breach ₹2,200 and go on for a pretty good run.
