Kansai Nerolac Paints - Long
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**Disclaimer:
I am NOT a SEBI registered consultant/Advisor. It is completely my view and opinion.
My intention...
NSE:KANSAINER
Nerolac has been tested the upper side of resistance 4 times and lower support is also making higher lows on daily time frame. Once Nerolac paints will cross the upper resistance that is around 600-615 a good move can be expect in upper trend.
Please share with your family and friend if you like the idea to go long. This chart is only for...
last time when i gave my view on nerolac and that was bullish but it was travelling in range thats why i analysed it again
it has made top already ... lets wait for a fall then we will go long
this fall will be very deep
i will update if something changes....
Nerolac has been consolidating for quite some time and now it looks like its done. There is also a 60 min corrective pattern that is probably finished itself and this could mean that the next move is Up. I could either buy at the current levels or let it pull back and then enter. Allowing a pullback offers a better risk/ reward. Targets are the lifetime highs and...
