📊 DETAILS Sector: Aluminium & Aluminium Products Mkt Cap: 30,451 cr Incorporated in 1981, National Aluminium Company Limited (NALCO) manufactures and sells Alumina and Aluminium TTM PE : 20.49 (High PE) Sector PE : 30.24 Beta : 1.91 📚 INSIGHTS Mid-range performer Stock with medium financial performance with average price momentum and...
We have seen in past how consolidation breakouts always give rocket moves. One such pre breakout consolidation trade is NALCO If this stock manages to sustain above 140, we will enter mad bull run in this stock. It is always safe to enter before breakout since we get an option to partially book and trail SL post breakout. Levels mentioned on chart. I hope you all...
NALCO looks good on the charts. Target- 97,130. SL 65
NSE:NATIONALUM also Good Breakout with a good volume Focus Above Rs.113 We Have Resistance at Rs.127
NATIONAL ALUMINIUM (1D TF) - Swing Trade Analysis given on 28th Jan, 2024 Pattern: RECTANGLE BOX BREAKOUT - Breakout - Done ✓ - Volume Spike at Resistance - Done ✓ - Retest & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #nationalum
NSE:NATIONALUM Happy New Year in advance and farewell to 2023. Today was the last trading day of the calendar year, and I hope you all have learned a lot and gained valuable knowledge. We will continue to grow in 2024 and gain deeper insights into the market. Thank you for your trust and support. Let’s make 2024 a great year together. One More Pick For 2024...
The scrip was in a corrective phase after reaching a 52W high of .The scrip gave a breakout from the triangle pattern on daily time frame forming a large bullish candle on 01.03.2023 rising 5.6 percent to Rs 82.65 with above average volumes, the highest closing level since January 31.The stock is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day...
NATIONAL ALUMINIUM bounced from 200 ema daily timeframe near breakout. 2-3 days it should breakout first small target 106.
NSE: NATIONALUM is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 11%...
NATIONALUM is moving out of significant consolidation and can move towards a Weekly breakout. It was the previous support and after the downward flight it acted as a resistance and now it had given the breakout. #SwingTrading #Breakout #PriceAction Disclaimer: This video is for educational purposes and not a recommendation. Analysis Posted here is just our...
1. **Technical Analysis**: - The stock has experienced breakouts on multiple time frames: daily, weekly, and monthly. This is generally considered a positive sign in technical analysis, as it indicates strong upward momentum. 2. **Trading Recommendation**: - The recommendation is to buy NSE:MMTC at around Rs 70. - The target price (TRG) is set at...
Keep a close track of NATIONALUM because it's close to breaking out. For the past year, the stock has been moving within a supply demand range, forming a rectangle pattern. By Looking at chart, you can see that it has repeatedly reached resistance and then returned to its support level. Today, it has once again reached that resistance level, and it seems likely...
NA Buy zone_Target 1 and 2 with SL. Only for education purpose. Investments in stock market is subjected to market risk do own researches before investing.
NSE:NATIONALUM has been above 0.50 Fibonacci levels and MACD and STOC RSI also are in the positive note. TARGET 1 : 84.25 TARGET 2: 86.75 STOP LOSS : 78.55 Disclaimer: The following information is for educational and informational purposes only and should not be construed as financial advice or a recommendation to buy, sell or hold any stock or investment....
nationalum - national aluminium company limited In Monday’s (13-feb-2023) session, the stock formed a bullish engulfing candlestick pattern on the daily chart which is pointing to a bounce against the current downtrend, at least for the time being. A counter-trend rally to 81.15 can be seen in this week, from the 78.90. disclaimer: note this is just for...
Aluminium futures on MCX have broken out from head and shoulders bottom formation. The base metal futures have also completed retracement and continuation waves. The price action is bullish and seems to be heading toward measured move target of 250. Further, if the trade on Aluminium futures is bullish, we believe National Aluminium (NSE: NATIONALUM) should...
Stock gives breakout on a daily timeframe and consolidating in resistance area. CMP : 84.50 Target : 89.50 Stoploss : 81.85 This is not a buy or sell call, this analysis is shared for educational purpose.
NALCO for long-term. Stock near 52WK low in price bound range (67-81) since June 22. Fundamentals: Good Technical: Cup formation Target: 81/88/98 Resistance: 67 If held for more than 1 year, then a target of 111 also possible. Remark: Growth + Dividend Stock