THE NATIONAL ALUMINIUM COMPANY has been on a high power bull run,the stock had been making new 52 week highs with the soaring prices of aluminium ores ,the stock has doubled from calender year low ,which clearly shows how the financials have been driven, the bull run has just started in the metal sector with rising demands across all sectors, the balance sheets of...
Vedanta As per Daily Chart Analysis as broken the resistance 348 Level and now the target 375 should be achievable. Happy Trading to All.
Tomorrows open will be crucial Either it goes up from here so only buy above last candles high OR It will find support at 375.20 i.e previous resistance level or around 362-360 levels and then go up Please do your own analysis before making any decisions and also let me know if I missed something. Let's learn together.
4 x in less than a year. Mainly on the China story. Be cautious.
Enter Long @ CMP (175.9) SL: 175.5 TGT 177++
172.55-172.7 is a key Level (for today) Close below or either this will give a good move towards that direction Tgts will be the S1 or R1 basis shorting or long respectively. As of now its more of a shorting opportunity - awaitng candle close
Short around: 176.2 (wait for 15 min candle to close completely below 176.25) SL: 176.65 TGT: 174.3 Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser.
Aluminium Long- Awaiting entry (If long entered - will be cancelling the short trade - previous idea published) Entry around 173.2-173.25 TGT1: 174.5 TGT2: 175.65 SL: 172.75 (0.5 Points)
Aluminium Short opportunity developing - Still trade not active - once confirmed I will enter around the said entry. Short Entry: 172.75 SL: 173.25 (0.5Points) TGT: 169.75 (3 Points)
my suggestion is to hold or buy on CMP and hold for long term
Om Namah Shivay Aluminum on higher timeframe is going through corrective patterns, from larger degree view. (We have less data on tradingview platform) On this chart we are seeing an Impulse as per existing market structure. The leg 4 looks done and the short correction from 3 to 4 looks done. If counting is proper, the view is towards upside to 11021. The...
Aluminum metal seems in selling zone. Traders can go for short with the stop loss of 162. The Targets seem 161/159.50. Disclaimer: I just shared my view. Please trade with your own and comfortable ideas.
As per the chart, keep your eyes on the Aluminium-bull resistance line. We may see prices at 143 - 144.6 or above soon. This rally will stop after breaking out the resistance line . So what's next then? You can take fib levels as targets. For any further information, you can direct message me or follow my tel channel.
Today the National Aluminium has broken out from the Ascending Triangle . --- The volume is comparatively high. The quarterly results are positive too. --- Now the breakout has happened, the previous resistance will act as a support 35.00 --- This is a good chance --- Ignore the RSI
looks like weak it has pullback and reversed from a strong support zone for the stock. It can go up to 58
MOMENTUM TRADE IN HINDALCO CAN BE INTRA/BTST SEPT FUTURES BUY@242 STOP@240.40 TARGET@245 LOT:3500 QTY:1
NSE:NATIONALUM one can buy for a Target of 95 with SL 66.