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#NAMINDIA #NIPPONLIFEINDIA Breakout from previous resistance

Long
NIPPON L I A M LTD (NSE:NAM_INDIA)  
seekedgetrade  
NSE:NAM_INDIA   NIPPON L I A M LTD
Trend Analysis Chart Patterns Technical Indicators nipponlife breakingout resistancebreak momentumbreakout
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trendanalysis chartpattern indicator nipponlife breakingout resistancebreak momentumbreakout
NipponLife India asset management stock is breaking out from a previous resistance zone.
It is trending in a channel with good momentum and ADX trend strength rising high.
Volumes are decent above simple moving average.
Stop loss should be neckline of breakout below entry candle low and entry above high of alert candle.
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