Navin Fluorine ATR Breakout with volume and positive ADX

Navin Fluorine sees some breakout action on daily chart.

The breakout is supported by high volume and RSI above 50 shows strength in the breakout.

HOW TO TRADE: The MACD entering in to positive signals buying trade. enter into positional trade with stoploss of breakout price Rs. 3160.

Exit the trade after potential target of Rs. 3400 is achieved or trail stop loss to opening of next daily candle.

  • Related Posts

    RAIN INDUSTRY :BULLISH ATR BREAKOUT WITH HIGH RSI AND POSITIVE ADX

    ...

    Leave a Reply

    Your email address will not be published. Required fields are marked *