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Niftydirection

National Fertilizer Channel Breakout

Long
NATIONAL FERTILIZE (NSE:NFL)  
Niftydirection  
NSE:NFL   NATIONAL FERTILIZE
Fibonacci Parallel Channel Volume
262 views
6
6
fibonacci parallelchannel volumestudies
NFL breakouts of weekly parallel channel with huge volumes looks to test 40-36 first which are good entry points. for 55,62,68 targets with SL 32 on daily basis
Trade active: Entry 36

Comments

hmntvrma
I am holding this patiently from 37
I hope it shows some upside...
too much consolidation is happening.
Reply
Niftydirection hmntvrma
@hmntvrma, consolidation is silence before storm, drop volume is not much but still 32 is our Stop loss have to exit if closes below that.
Reply
hmntvrma Niftydirection
@Niftydirection, yes, can't agree more.
Reply
kapil25
anna,as you said it retested the 36 is still you are in bullish view (i think fall is due to negative results)
Reply
Niftydirection kapil25
@kapil25, stop loss is 32 untill closes below that on daily charts position is active. Hold or exit as per your risk capacity.
Reply
shubhankarG
What happened? What to do now?
Reply
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