The company was incorporated as ‘Navkar Corporation Limited’ on September 29, 2008 as a public limited company under Part IX of the Companies Act, 1956 (“Companies Act 1956”), with the Registrar of Companies, Maharashtra at Mumbai (the “RoC”). The company is promoted by Shantilal Jayavantraj Mehta and Nemichand Jayavantraj Mehta who have several years of...
look at the daily chart pattern of Navkar corporation it break the ascending tragal pattern and now there is resistance at 45 you can take a short trade in it after braking a resistance .
Chart looks very bullish. After decent downtrend, it has given breakout and forming HH, HL pattern which is confirmation of bullish trend. Keep adding this stock in 45-48 Range. Target: 64/90+ Stop loss:38 Time Frame: 3 Months
Waiting for breakout and strong closing above resistance line. 👉If gap up today above resistance line drawn in chart then immediately buy in gap up. 👉Most important is price trading above 200SMA.
Navkar corporation is a good share as FA vise. Nothing is wrong in this share but it reaches on their bottom and following a certain pattern from years. I am going to take 2 future and delivery both position from at this point.