Hello everyone, Today I am again here with a new swing trade NATIONAL ALUMINIUM as you can see it has made a double bottom and a support at 200 ma and also rsi is heading upwards towards 70 and 80 and when you go to Monthly Chart you will find that a very previous line that is supporting it at this point and if you watch its nature it is a stock that when moves up...
📊 Script: NATIONALUM (NATIONAL ALUMINIUM COMPANY LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY 500 / NIFTY METAL / NIFTY MIDCAP 📊 Sector: Commodities - Metals & Mining 📊 Industry: Non - Ferrous Metals - Aluminium Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 MACD is already giving crossover. 📈...
1. important close above trendline 2. closed above 61 EMA 3. Higher low and Higher high confirmed As metals are moving up this will also add momentum to NALCO Use discretion!
NALCO has taken resistance from first FIb level and has formed a 3 top pattern ready to breakdown. Futures can be sold for a target of ₹50
A proper Head & Shoulder pattern , if break on the higher side , a big momentum can be expected.Keep Your Stop loss.
Current trend Analysis with trendlines for Daily Weekly Monthly charts
NATIONALUM Above 76 for a Target 132. As per the Below Data 18.07.2022 FII Net Holding 156.08 Cr DII Net Selling 844.33 Cr 19.07.2022 FII Net Holding 976. 40 Cr DII Net Selling 100.73 Cr I Anticipated FII Participation to increase and stock to move uptrend as per my post on 19.07.2022 and indeed its good to see FII everyday increased holding. 20.07.2022 FII Net...
NATIONALUM - Trading near key support zones. Risk reward looks favourable. Can be added at CMP 67.95. Target ATH
National Aluminium is displaying a Rounding bottom reversal formation in 30 mins. There is also a gap present just above the breakout level. Increased volume builtup can be seen. Intraday Long above 98.85 can fetch 102/103.50 Good positional bet too.
1) this trend line is very crucial in long term 2) multiple times tested 3) seems that this time it may break down
NSE:NATIONALUM trade according to support and resistance. current candle (inside bar) will play a crucial role at this level, so trade accordingly. ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are...
This trend line breakdown can lead to a major breakdown in this stock. Note : for educational purpose only.
The stock is coming out of consolidation and is expected to reach the targets shown on chart
National Aluminium Company Limited, abbreviated as NALCO, (incorporated in 1981) is a Navratna group ‘A’ CPSE. NALCO is engaged in the business of manufacturing and selling of Alumina and Aluminium. The Company is the lowest-cost producer of metallurgical grade alumina in the World and lowest-cost producer of Bauxite in the world as per Wood McKenzie report. The...
NSE:NATIONALUM shows strong buy indicated by PSAR, MACD & Fisher crossover followed by EMA & MA Crossover Target 1: 128.40 Target 2: 132.75 Stop Loss: 122.70 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and...
As price is bouncing from support region there is high possibility that price can go upside further. All the details mentioned over chart.
1 short term trend line is also considerable 2 long term trend line is some distance far 3 with small risk we can take a swing trade
Nationalum chart analysis in day time frame kindly use it for your trade.