Advance Breakout Entry - NRAIL📊 NR AGARWAL INDUSTRIES (NRAIL) - Technical Setup
Current Price: ₹448.00 (+5.58%)
📈 BULLISH OUTLOOK
✅ Stock consolidating after higher high
✅ RSI showing hidden divergence (bullish continuation)
✅ Previous resistance at ₹548 - breakout will confirm next leg up
🎯 TARGETS:
• Target 1: ₹548 (Resistance breakout)
• Target 2: ₹641 (Fib 1.272)
• Target 3: ₹692 (Fib 1.414)
• Grand Swing: ₹760 (Fib 1.618)
🛡️ STOP LOSS: ₹376 (below 0.5 Fib support)
📊 KEY LEVELS:
Support: ₹417 (0.618 Fib), ₹377 (0.5 Fib)
Resistance: ₹548
Risk-Reward: 2.7:1 (to Target 2)
⚠️ DISCLAIMER: This is for educational purposes only, not financial advice. Trading involves risk. Do your own research and consult a financial advisor before investing.
#NRAIL #StockAnalysis #TechnicalAnalysis #NSE
Long