*NAVA* Good for Holding around 9 Months ..... Current Price at *480* ......... Keep SL at *459.40* .... (On Closing Basis ... Means ... Daily Candle closed Below *459.40* )….. After Close Crossing *573.80* …. Trail SL to *545.85* Targets are Shown on Chart in Greens ..
Company has reduced debt.
Stock is trading at 1.09 times its book value.
Company has delivered...
Keep Nava Ltd on radar as stock is ready for breakout from Inverted Head & Shoulders pattern in daily TF. Volumes are improving gradually. Momentum gaining strength. if breakout of Neckline @ 468/- sustains, then price may touch 562/- Level.
long uptrend is going on and it will continuous , so Technical is good, past 1 year company fundamental is great , So my target 420 , Duration 3 to 4 months, Thanks Guys
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
Please consider these ideas for educational purpose
Comment below if you are looking for any answers
Multi year BO looks imminent as the technical indicators suggests.
Would be ideal to take an entry after 292 and can expect for the target 1(0.6 level) and then Target 2(0.75) levels
swing trade take trade when nifty turns bullish swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
1. Fundamentally great company.
Stock is trading at 0.53 times its book value
Company has delivered good profit growth of 63.2% CAGR over last 5 years.
p/e is 3.39
2. Technically well placed too.
3. Short to medium term trade.
4. Buy above the white line keeping sl below the white line on closing basis.Very small sl.
The company is engaged in the business of manufacture of ferro alloys, generation of power and rendering of operation and maintenance services from its principle place of business located in Paloncha, Hyderabad, Kharagprasad and Samalkot in the states of Telangana, Odisha and Andhra Pradesh, respectively.
Business verticals
Ferro Alloys
Energy
Operation &...
