NACL Industries LTD -Turnaround Story? Let's find outHello, Traders! 👋
Can NSE:NACLIND be a turnaround story? Here’s what I see:
📈 Technical Overview:
🔹 ROC turning positive—a potential early signal of momentum.
🔹 The stock is hovering near its 200-day EMA. A clear upward slope would strengthen the bullish case.
🔹 My indicator has already triggered a BUY, and it’s up nearly 7% since then.
💡 Fundamental View:
Based on my understanding of fundamental analysis, NSE:NACLIND might be a re-rating candidate, adding to its potential upside.
💡 Current Outlook:
I’m keeping this in my watchlist and waiting for broader market strength to confirm an entry.
⚠️ Disclaimer:
🔹 I am not a SEBI-registered advisor.
🔹 This analysis reflects my personal views and is not a recommendation to buy or sell.
🔹 Shared for learning purposes only—please do your own research or consult a professional.
What’s your take on NSE:NACLIND ? Let’s discuss! 🚀
#TradingView #StockAnalysis #MomentumTrading #NACLIND
