Rationale ::
Nifty Metal is out performing Nifty 50 on all time frames.
NALCO is outerperoring Nifty Metals on all time frames.

Trade above 50 MA
At the lower side of Channel

RSI broken the downward Trend

Target : 208
SL : 185
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.