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Multi-year channel breakout in Nava LTD

Long
NSE:NAVA   NAVA LTD
Multi-year channel breakout in Nava LTD.

In weekly chart we can see a clear breakout in Nava ltd.
231 range was the all time High. Recently that level brokered therefore it should turn as immediate support range.

Stock has a potential to reach 400 level in coming days. For that it has to sustain above 250 price level in weekly chart.

195 will the SL.

This is just a view not a recommendation to trade. Do your own analysis before taking any trade.

Share your opinion in the comment section.

NAVA

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