Nippon Life India Asset Management (NAM_INDIA) is flexing its muscles on the weekly timeframe. After a steady climb and a tight period of consolidation, the stock has decisively shattered its overhead resistance. Piercing the upper Bollinger Band with a strong green candle, this chart signals a powerful, high-momentum breakout. The bulls are clearly back in the driver's seat!
Trade active
1st tgt - 1150Note
Price is going through consolidation, once closes above 1140, upward momentum may resume.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.