Technical Analysis of Indian Stocks: Navkar Corp Limited (NSE
India): Part 2 on 6 April 2017
This is no buy/sell recommendation – just a trial to see if
Technical Analysis (works to an extent) in NSE – India.
Just yesterday I did an analysis expecting Navkar to face
resistances before crossing 190 and then 200: http://imti77az.blogspot.com/2017/04/technical-analysis-of-navkar-corp.html
It dashed up to 211.5 on Huge Volume in 1 day! However, this might present an opportunity to short. As it is out of the BB, a
retracement is expected before the next bull move.
Prediction: It might come down to 190~198 on low volume, before
making next bullish move . . .
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