1. Trend: Bullish 2. 6 months consolidation 3. Price taking support from fin 0.61% levels with double bottom formation 4. RR: 1:5.6+
NELCO is in a range rectangle which is showing a sign that it may breakout with massive volume in the coming sessions. NOTE: I'm not a SEBI REG. Study before investing.
📊 Details Nelco, a part of Tata Group, started in 1940 as a electronics company. Nelco offers solutions in areas of VSAT connectivity, Satcom Projects and Integrated Security & Surveillance Solutions Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst. If you found this analysis helpful, I encourage...
This was one of the cleanest setups that I have seen recently. Every time the breakout was crystal clear, supported by heavy volumes. The price never retraced more than 50% of the BO candle and always bounced off 20EMA. I am sharing this setup just so you can study it and can catch similar setups if you come across any. Disclaimer : This is NOT investment...
NSE:NELCO ✅ #NELCO trading above Resistance of 700 ✅ Next Resistance is at 832 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not...
BUY - NELCO CMP - Rs. 608 Target - 1: Rs. 822 Target - 2: Rs. 960 . . Technicals - Breakout out of a falling trendline. . This is just a view, by an expert analyst, follow me for more! . Follow me for more!
follow up on the previously published idea at 393. we have another breakout here of the same triangle kind. can go long for the given targets.
Triangle pattern breakout in the charts. upper circuit on the day of breakout showing signs of strength in a choppy broad market. use the below marked horizontal lines as stoploss.
Watch for flag breakout in NELCO. Monthly trendline resistance at the top.
Detailed analysis given on the chart NSE:NELCO
This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our...
Buy @ 365 (Do not chase) Sl @ 345 Target @ 420, 440 and final 470
Sell only @360, SL-365, TGT-353 Buy @370, SL-365,TGT-377
Sell only @365, SL-379, TGT-355 Buy @374, SL-370,TGT-382
NELCO (W):- 379.6 CMP LOOKS GOOD FOR MORE UPSIDE:) 1) Multiyear Breakout :) 2) Volume Spurt
NELCO LOOKS GOOD TO ME TARGETS COULD BE 280,310 STOP-LOSS SHOULD BE 240 FORMED HARMONIC PATTERN AND PARALLEL CHANNEL PATTERN