Weekly and daily MACD crossover helps to move further upside upto the given target levls. CCI,Stoch and RSI also favorable to move upside. As per indicators view, expecting to move upside for short term only.
Can buy National Aluminium limited for long-term.
- High dividend payout
- Excellent results from last few quarters
- Aluminium prices are soaring
- technical breakout retest
If anyone wants not to take risk, Can put 60 as SL.
Any views are welcome :)