ShortNATIONALUM
Short
National Aluminum - Shark PatternNational Aluminum Monthly chart has formed Shark Pattern and holding its PRZ from the past 6 months with indecisive candles like spinning candle, hammer, doji, inverted hammer plus these candles are having good volume.
RSI also trying to hold 40 support.
However there is no price action confirmation, its still consolidating near the harmonic support zone.
National Aluminum Short term view- Bullish 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.
Vijayaraghavn,
Chennai
Long
Long
NATIONAL ALUMINUM | Trade NiveshToday Nifty Metal sector is down as well as all metal stock down
NATIONALUM sell below 48.5 with the stop loss 49.05
49.00 position is best for the Decide final trend
Short
Short
Short
Short