Wednesday, April 5, 2017

Technical Analysis of Navkar Corp Limited (NSE India) on 5 April 2017

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)




No comments:

Post a Comment