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pradipandsuvra

NACL: Rounding Bottom Breakout with volume

Long
NACL INDUSTRIES LTD (NSE:NACLIND)  
pradipandsuvra  
NSE:NACLIND   NACL INDUSTRIES LTD
Rectangle Double Top or Bottom Support and Resistance indianstocksanalysis stocktobuytomorrow
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rectangle doubletoporbottom supportandresistance indianstocksanalysis stocktobuytomorrow
NACLIND is showing bullishness because of:

  • A 6 months long rounding bottom breakout with very high volume sprout
  • A recent rectangular breakout.
  • High volume buildup in last 3 sessions, the build up is increasing.

Trade: Buy above 100, SL: 96, T: 105/107.50

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