NAM_INDIA Weekly Double Bottom Bullish

Long

NIPPON L I A M LTD (NSE:NAM_INDIA)

Updated

NSE:NAM_INDIA NIPPON L I A M LTD

Trend Analysis Chart Patterns Technical Indicators rsi_divergence rsibullishdivergence Double Bottom buyingzone long-term buysetup

trendanalysis chartpattern indicator rsi_divergence rsibullishdivergence doublebottom buyingzone long-term buysetup

NAM_INDIA

Time Frame : Weekly

VIEW : Bullish with given Targets

Pattern : Double Bottom ( 318 )

RSI : RSI Bullish Divergence

Buying Zone: 318 - 335.

Observation :

Multiple time buying in the range of 318 to 335 can be seen.

Support = 335

Buy at 353.00 (CMP 350 - 02 February 2022 EOD)

Stop loss = 338.00

Long Term Target 364 - 380 - 400 - 450 - 476 + + + + + + + +

Comment:

Trendline support is clearly visible for long set up

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