srikanth7809

National Aluminium to break long term downtrend

Long
NSE:NATIONALUM   NATIONAL ALUMINUM
After weeks of downtrend Nationalalum is on the way to break the downtrend in the 3rd Elliot Wave .
1. Wait for break of the trend line .
2. Can go long after the retest of the trend line .
3. Final target of 5th wave-46.5 can be achieved.
4. Analysis get failed if the stock fails to break the trend.

Comments

Hi , I think the trend line has been broken , now the stock seems bearish . correct me if i am wrong .
Reply
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