NIPPON L I A M LTD
Long

Nippon India

924
Nippon India is seen following 6 week down trendline and we have fresh Trendline breakout above 680,

also stock is trading above 20, 50, 100 and 200 EMA.

Stock bounced back from 20 EMA on weekly time frame

This stock can hit all time high in 2-3 weeks as per my analysis. Looking for 810, then 925 in 5-6 months.

Stock is having strong support at 640.

This is not a buy recommandation.

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