#TechnicalAnalysis Study of #NavkarCorp
Strong Momentum
Recent Breakout with Strong Volumes
Price > 30 WEMA
Entered Stage 2
Retest done
Relatively Stronger than #Nifty
0.5 & 0.618 #Fibonacci Levels of Corrective Leg ~ 118 & 142.
Looks good for medium term
Strong Momentum
Recent Breakout with Strong Volumes
Price > 30 WEMA
Entered Stage 2
Retest done
Relatively Stronger than #Nifty
0.5 & 0.618 #Fibonacci Levels of Corrective Leg ~ 118 & 142.
Looks good for medium term