Manabala

20% upside potential in NSIL

Long
Manabala Updated   
NSE:NSIL   NALWA SONS INVEST
Stock is trading at 0.17 times its book value. Though stock is trading at ATH, it has potential of 20% upside after forming a beautiful RHS structure.

Larger CWH structure neckline is respected thoroughly via this RHS.

Historically, stock pumped up in similar continuous candlestick structures. Stock is in consolidation range of 1% since last 7-8 days. Most likely it should go up.

Trade closed: target reached:
Target achieved . 20% gains in almost 3 months....
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.