1. **Price Movement**:
- The price has been in an uptrend since mid-2020.
- There was a consolidation phase that lasted from mid-2021 to mid-2023, forming a symmetrical triangle or a range-bound pattern.
- Recently, the price has broken out of this consolidation pattern to the upside, which is a bullish signal.
2. **Volume**:
- The volume spikes...
NSE: NOCIL is closing with a bullish momentum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 11% to 16% gain on deployed...
Analysis:
The chart of NOCIL on TradingView presents a post-breakout scenario, offering potential long entry opportunities but also demanding cautious consideration. Let's delve into the details:
Current Price: ₹290, surpassing the key resistance level of ₹285 marked by the orange line.
Breakout Confirmation: The recent surge past the resistance zone,...
This is the analysis of NOCIL in Daily Time Frame. Watch carefully. The chart explains itself.
If it breaks and sustains above the trendline, it is good for the stock.
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...
NOCIL on weekly TF has broken the falling trendline and is now consolidating, we can expect a bull run from here on.
View is long term.
Entries can be made at current price or in the range of 245-255.
STOP LOSS @239.5
Trail using EMAs.
Swing trade setup for 5 to 6%
Today we have a breakout of ascending triangle pattern and the price has entered the resistance zone. The breakout of 240 will open the levels of 255 which is a 6% move.
Hit the like button!! Show some energy!!
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Thanks
Er. Simranjit...
NOCIL daily looking bullish, it has trendline breakout with 200 ema support on daily candle.
Good to buy at 239.50 for target of 267 with sl below 224.35
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This is purely for training and educational purposes. We shall not be responsible for your profit or loss.
The stocks discussed or recommended here, may not be...
NOCIL LTD HAD CORRECTED 40% FROM ITS TOP
And it is ready to give a huge run-up of 27%
FUNDAMENTAL REASON
1. China had stopped its supply throughout the world so India is expected to fill those requirements and the company is in the chemical business so there would be a huge demand in the coming future.
2. We could see some huge movement today and this kind of...
#NOCIL
Chart looks good.
Showing some good strength in weak market.
Taking tracking position in this counter.
Will wait for day closing, if it closes above TL then will carry.
Safe, can buy on pullback and rebound.
#vr
Nocil after forming morning star pattern on the chart with great volumes. Post this pattern target 1 is now achieved.
Kindly check previous Nocil's idea posted with all details.
Levels are explained in charts
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial...
From March 23 2020 to Oct 4 2021, in this period of 560 days NOCIL gave a bumper returns of around 450% , now from Oct 2021 till March 21 2022 it was in a retracing phase. coming onto some technicals now in the last week of march we can see a very impressive breakout with very strong candle structure n volumes. (bouncing from the golden fib zone of 0.5-0.61 on...
Buy NOCIL for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
.
💡Key drivers for future price-performance:
1) The management guided for debottlenecking of its existing unit in the near term, even as it evaluates its plans for the next three-to-five years. Specialized products constitute 25% of total revenue; with limited room for expansion (the...
If 321 is taken out, price will rally to 385. Company had it's net sales go up by 69% in Nov. Board meeting is on 4th feb. So expect an up move till then. SL shold be 207 for 380+ targets
