Short candidate, 10 to 25% plus downside possible
Navin is weak and mostly in Wave A correction.
Once the stock close below 3080, it has potential to touch 2770 and 2240 in next few months (mid april'24).
once trade is active, keep stoploss of 3230
Once the stock close below 3080, it has potential to touch 2770 and 2240 in next few months (mid april'24).
once trade is active, keep stoploss of 3230
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.