NALCO POSITIONAL sell candidate

Updated
Nalco price action suggest reversal possible
fresh buying is missing around current levels
not able to manage the breakout of previous life high levels
rsi and macd divergence,,

good positional short candidate
Trade active
from 100 levels counter gave fall till 83 levels,,

17% fall already covered,,

now once breaks 81 levels on daily closing basis

Get ready for 72,,64 levels
BANKNIFTYTechnical IndicatorsmacdcrossovernalconalcopricetrendanalysisNIFTYnifty50niftymetalpriceactionrsidivergenceTrend Analysis

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