rk10

NOCIL - Potential Breakout

Long
NSE:NOCIL   NOCIL LTD
Long above 111. downward channel breakout + crossing 200WEMA. (Both bullish triggers)
Wait for the week to end ideally but if tomm it crosses over with volumes, it could make for a good buy.

SL: 105. (Keeping the SL tight coz markets looking tired, else wouldve had a SL closer to 95 (Which is kind of deep but great for positional buyers))

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.