Technical Analysis of Indian Stocks: Navkar Corp Limited (NSE India) on 5 April 2017
This is no buy/sell recommendation – just a trial to see if Technical Analysis (works to an extent) in NSE – India.
First let us look into the Technicals: It is just below Resistance ~ 181 and ~183 (down trend line). If it can break this on High Volume, then a bull move could be expected. 156 would have been a safer entry point.
Prediction: A bullish move could take it to ~190, then ~200 (with SL @ 170)
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