The correction is done
Navin Flourine CMP 3361 - Investors
Elliott- all C wave corrections have 5 waves. The 5 waves are over. Hence the impulse wave has again started. This will be the 3rd wave and will be a strong one.
Fibs - the correction has halted at Fib confluence .That is a small retracement hence the trend remains strong.
RSI- at bull zone and above trendline is telling the trend is intact and strong.
MA- on the short term chart the stock is still below its 3MA's. Hence may face some resistance.
Conclusion - the stock is all set to zoom.
Elliott- all C wave corrections have 5 waves. The 5 waves are over. Hence the impulse wave has again started. This will be the 3rd wave and will be a strong one.
Fibs - the correction has halted at Fib confluence .That is a small retracement hence the trend remains strong.
RSI- at bull zone and above trendline is telling the trend is intact and strong.
MA- on the short term chart the stock is still below its 3MA's. Hence may face some resistance.
Conclusion - the stock is all set to zoom.
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