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Nationaluminvetment

NATIONALALUM#NATIONALUM Trend: Stock is in an uptrend with recent breakout through resistance levels. Support Level: Around *220. Resistance Level: Near *240 (recent high). Volume: High trading volume, indicating strong buying interest. Entry Point: Buy near *220-225 on pullback for optimal entry. Short-Term Target: 245-250 if uptrend continues. Stop Loss: Place stop loss around *210 to limit downside risk. Outlook: Bullish; look for potential pullback to support zone for a better buying opportunity.
NSE:NATIONALUMLong
by SkyTradingZone
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