NATIONAL ALUMINIUM CO LTDUpdated Nalco Short positional
Nalco Short at 78 or below.
Stop loss 81
Targets 76,74,72,70.
On daily time frame it has crossed below 20 EMA with Big volume red candle ,it may continue to fall for 2 more days expecting formation of three black soliders pattern.adding to that trend line break out retest has done on daily time frame multiple confluences.
Stop loss 81
Targets 76,74,72,70.
On daily time frame it has crossed below 20 EMA with Big volume red candle ,it may continue to fall for 2 more days expecting formation of three black soliders pattern.adding to that trend line break out retest has done on daily time frame multiple confluences.
Note
Target one reached todayTrade closed: stop reached
Stopped out after hitting target one.
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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.