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AkmTradingTV
Jan 7, 2022 6:00 PM

NATIONALUM Buying Opportunity Long

NATIONAL ALUMINUMNSE

Description

NATIONALUM Buying Opportunity : Big volume with great fundamentals. Entry with Half position. 20% upside move possible easily.

Comment

closes are still respecting support line

Trade closed: target reached

HALF PORTION BOOKED AT 12% & REST WILL TRAIL
Comments
johnwayne989898
Volume doesn't seem big?
AkmTradingTV
@johnwayne989898, if you watch minutely at around 106rs stocks moves above a pivot. and the current volume is above last 26 day avg ( grey colour ). obviously volume is not excitingly high but above avg volume shows extra participation/interest. another thing is that, look for red volumes not a single red volume is above 26 day avg for last 2 months. hope you understand.
And any close below 50 sma is my exit.
johnwayne989898
@AkmTradingTV, I do, thanks.
What's your timeframe looking like? I bought 400 at 105, I'll probably pyramid on Monday.
AkmTradingTV
@johnwayne989898, As stocks goes up I pyramid with 50%, 30%, 20%. No definite timeframe to exit. as long as I can surf the trend humanly possible. definitely I'll exit some portion if Stocks moves to 127rs.
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