The 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:- 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...
buy 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...
After 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 .
