Take entry at cmp 546
Target 600
Stop loss 513
We gave this counter on aug 2023 with 300Rs level and now it will double within 6 months.
This counter is at perfect entry level now.
It broke its 3 month range and closing upside of 544 level so we will see big up move in this counter in short term.
Dont miss it. You can invest big amount.
Be invested.
#NAM_INDIA trading above Resistance of 535
Next Resistance is at 692
Support is at 401
Here are previous charts:
Chart is 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...
#NAM_INDIA trading above Resistance of 452
Next Resistance is at 535
Support is at 359
Here are previous charts:
Chart is 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...
📊 Script: NAM_INDIA
📊 Sector: Finance
📊 Industry: Finance & Investments
Key highlights: 💡⚡
📈 Script is trading near at upper band of BB.
📈 MACD is giving crossover.
📈 Double Moving Averages is giving Crossover.
📈 Right now RSI is around 60.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 521
🟢 Target 🎯🏆 - 560
⚠️ Stoploss ☠️🚫 - 506
⚠️ Important: Always maintain your...
NAM-INDIA
It is engaged in managing mutual funds including ETFs.
Market Cap₹ 32,874 Cr.
ROCE 26.6%
InstHold 19.7%
Growth YOY
Sales 28%
PAT 37%
Longerterm Double Bottom Breakout.
#StocksInFocus
An Inverted Head & Shoulder Chart Pattern Breakout happened on the weekly Time frame of NSE:NAM_INDIA NSE:NAM_INDIA
Price Action is well supported by the volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only according to the levels mentioned on the...
A wonderful breakout which is seeing profit booking. Hope people made it happen already.
sl must if taking reversal trade but reversal trades not suggest
BUY - NIPPON LIFE INDIA ASSET MANAGEMENT LTD
CMP - Rs. 250
Target - 1: Rs. 320
Target - 2: Rs. 370
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Technicals - Descending Channel BO
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This is just a view by an expert analyst, please invest at your own risk.
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Nippon India on daily chart price breakout from a parallel channel and trading above with did a breakout of 20, 50, and 100 day EMA and now taking a resistance on it's 200 EMA so we have to wait for a crossover of 200 EMA for confirmation of this breakout for going long in this stock with taking a stop loss of 240 resistance below on daily chart for the targets of...
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price)
4. Sell on initial Stop Loss hit or RSI close below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion...
1. Price taking support of past resistnace
2. Bullish engulfing formation at price reversal point
3. Risk to reward is lucrative
4. Follow candle close for stop loss
