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Nalcopricetrendanalysis

NALCO Breaking Major Key LevelsNSE:NATIONALUM is Breaking Major Key Levels today with rising Volumes in the Past Few Days. Keep in Radar. Check out my other stock ideas below until this trade gets activated, I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:NATIONALUMLong
by Karanshah137
Simple Positional Long Trade Setup | NALCO | SHORT-MID TERMNSE:NATIONALUM I am posting as one of the follower requested for it. This is positional trade setup only. Observations: 1) On Daily time frame, we can see that it faced resistance from 21DMA but closed above 10DMA. It is now in between 21DMA and 10DMA. 21DMA is immediate resistance and 10DMA is immediate support. We can see that the critical level is 100. Please refer below chart : 1 day Time Frame. --------------------------------------------------- Simple Positional Trade Setup. Please refer below chart : 1 hr Time Frame. --------------------------------------------------- On 1 hr time frame, If it sustain above 104 level then one can take buy trade. SL will be 98 with targets of 112.50 and 116 level. One can also take positional buy trade from CMP with SL of 98 with targets of 108,112.50 and 116 level. If it sustain take support from 100 or 96 level then one can take positional buy trade with targets of 108,112.50 and 116 level. For mid term positional trade keep SL at 94 level. Below 94 level it will be bearish. Rest all details are mentioned on the chart. ------------------------------------- Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with SL as per your risk capacity. This is just my personal view. It is not a trade recommendation. Better to consult with financial advisor before making any investment.
NSE:NATIONALUMLong
by Trading_hawk
Simple Trade Setup | NATIONALUM | 30-08-2021NSE:NATIONALUM Observations: 1) On Daily time frame it is already taken good support and reversal from 100DMA and now it is just closed below 21DMA. Please refer below chart : Daily time frame. 2) On 1hr time frame it is just below next resistance zone. And it formed kind of inverse head and shoulder pattern. Please refer below chart: 1 hour time frame. ------------------------------------- Trade Setup for Date 30-08-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:NATIONALUM
by Trading_hawk
NALCO- Heads i Win, Tails i Loose Small TradeNational Aluminium Company Limited (NALCO) is a Navratna CPSE under the Ministry of Mines. }It was established on 7th January 1981, integrated and diversified operations in mining, metal, and power. }The Company registered a record net profit of Rs 1732 crore in 2018-19, which is the highest in a decade, and sales turnover of Rs 11386 crore in the financial year 2018-19, which is the highest since inception. } Presently, the Government of India holds 51.5%. }One of largest integrated Bauxite-Alumina-Aluminium- Power Complex in the Country. }The Company has a 68.25 lakh TPA Bauxite Mine & 21.00 lakh TPA (normative capacity) Alumina Refinery located at Damanjodi in Koraput district of Odisha, and 4.60 lakh TPA Aluminium Smelter & 1200MW Captive Power Plant located at Angul, Odisha. }NALCO has bulk shipment facilities at Vizag port for the export of Alumina/Aluminium and import of caustic soda and also utilizes the facilities at Kolkata and Paradeep ports. NALCO has Created Upflag Pattern on Daily Charts, Giving us a Good Risk/Reward Setup
NSE:NATIONALUMLong
by StrategicAlpha
NALCO-the gap up show!EXTREME BEARISH HARMONIC IMPULSE in formation The exceptional item break up of 801.46cr .... In the matter of disputed water charges between the Company and the Government of Odisha, both the parties vide minutes of meeting dated 8th Dec'2017 have agreed for Rs. 58.18 crore as one time settlement towards arrear dues upto 31st Oct'2017 based on the principles outlined in the Department of Water Resources (DoWR} Resolution no. 10066 dated 27th Apr'2017. Accordingly the excess liability for an amount of Rs. 785.70 crore provided upto 31st Mar'2017 is written back and taken to Income as exceptional item. The current year expenditure in this regard is also reduced by Rs.158.90 cr two short term targets to be kept in mind, the lower top out level is the most likely and conservative target... If by any chance the 200dma resistance is broken upwards, the higher top out level would be a target to book profits... Disclaimer.. not an investing/trading recommendation... not invested in this company at present...
NSE:NATIONALUM
by capsule91