As we can see that we have been at very good buying point in nalco as the metal sector is very good sell this week. so i see nalco a very good stock when metal is down and i also like Jindal steel so for this week my plan on nalco is ....
As you already seen it that i have an open position in nalco i have bought nalco in option at 89 and i m holding it today, so here is my plan with nalco
1. I have bought nalco as it was it monthly area and also had form a very good candle and a reversal candle so i just bought it
2. if tomorrow nalco open flat then break 91.30 and sustain i will be adding more to my position here with the target of 97-102
3.will also keep in mind that next week is monthly expiry and i will mange this trade very tight and i will be watching this stock
so this was my nalco analysis for this week. and friends if you want any stock & forex pairs analysis comment down and i will post it here and if uh guys want to follow me on social media below is my user id
:@faizanfx
As you already seen it that i have an open position in nalco i have bought nalco in option at 89 and i m holding it today, so here is my plan with nalco
1. I have bought nalco as it was it monthly area and also had form a very good candle and a reversal candle so i just bought it
2. if tomorrow nalco open flat then break 91.30 and sustain i will be adding more to my position here with the target of 97-102
3.will also keep in mind that next week is monthly expiry and i will mange this trade very tight and i will be watching this stock
so this was my nalco analysis for this week. and friends if you want any stock & forex pairs analysis comment down and i will post it here and if uh guys want to follow me on social media below is my user id
:@faizanfx
Trade active:
added more at 90.5
Trade closed: target reached:
all target done on nalco exited my all position at 115
