NACLINDThe stock is making a new base or we can consider a possible accumulation in this zone. Breakout can happen in coming sessions.
NOTE: I'm not a SEBI REG. Study before investing.
NACLIND
Long term investment idea - NACLINDMaking fresh high. Good fundamentals.
*FOR EDUCATIONAL PURPOSE ONLY*
NACLINDNACLIND:- Stock has seen good volumes today, but don't make any plans unless you give a breakout and sustain above the resistance.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
watch for resistance breakoutbuy above 103 in intraday and positional
keep stoploss 85 DCB for positional
target 114, 130, 150 keep booking partially at each level
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
06 Months Long Consolidations BreakoutAfter six months of consolidations finally price break the upper boundary of the chart pattern with high volume . So in near future we will see a good move in #naclindustries .
