This is the analysis of NLCINDIA in Daily Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your...
#nlcindia >> Swing Trade >> Trendline breakout & Inverse Head & Shoulder pattern >> Good Volume & Good Strength in stock >> Good Risk Reward : 1:1(trg - 87) &1:2 (trgt - 92) >> Book profits at 5-10% fully or partially & keep trailling. Keep liking and sharing & Following @moneyfesttrading for more learning
NLC INDIA Cmp - 62 Stop - Nil Expectation - T1 - 72 T2 - 92, Review at 92 Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2 View:- Swing/Investment
NLC India is in a flag pattern with a consolidation zone, so give an entry with appropriate Stop loss after the breakout from the zone 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry...
NLC INDIA SETUP 1.FORMING AN ASCENDING TRIANGLE 2.CLOSING BELOW LOWER SUPPORT LINE WILL TRIGGER A SELL OFF 3.CLOSING ABOVE 52 WILL BE CONSIDERED AS A PATTERN FAILURE AND THE STOCK CAN ENTER IN A BULLISH MOMENTUM.