Longerterm Double Bottom Breakout.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
NAM_INDIA trade ideas
Double bottom pattern breakout1. Double bottom pattern breakout with good volumes.
2. Multi year breakout with good volumes.
NAM_INDIAstock is nearing a long term resistance on weekly charts.
previously it could not sustain ~450 level.
keep on radar.
Long Setup in NAM IndiaAn 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 charts.
Stop loss will be on a weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish Inverted Head & Shoulder Chart Pattern
Technical Indicator :- Positive MACD Crossover
A wonderful breakout which is seeing profit bookingA wonderful breakout which is seeing profit booking. Hope people made it happen already.
sl must if taking reversal trade but reversal trades not suggest
NIPPON LIAM - 48% RETURNS!!!BUY - NIPPON LIFE INDIA ASSET MANAGEMENT LTD
CMP - Rs. 250
Target - 1: Rs. 320
Target - 2: Rs. 370
.
.
Technicals - Descending Channel BO
.
This is just a view by an expert analyst, please invest at your own risk.
.
Follow me for more!
Nippon liam ltd breakout Nippon liam ltd broken out from a beautiful triangle pattern
Low risk trade
Good setup for swing trading
CWH Pattern in NAM_INDIAComplex CWH pattern is observed in Nippon AMC share with a potential of 20%+ profit on Long Position. Fundamentally stock has good ratios.
WAITING BREAKOUT CONFIRMATIONNippon 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 264, 283, 303.
NOTE- Only for Education Purpose.
Please Give A Like If You Like
NAM_INDIA Showing Strength1. 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 gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
NSE:NAM_INDIA is showing strength. Buy with a stop at ₹279.
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
Resistance turning to support set up1. 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
PRICE AND INDICATOR BREAKOUT Reversals Trade is looking in this stock, getting bounce from it's weekly demand zones and broken a falling trendline too, and poised to go up levels i am sharing below.
TARGET AND STOPLOSS
NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk
𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧
NIPPON INDIABUY NIPPON WITH SL BELOW 255
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
NAM India - Strong Support - Triangle Breakout attemptNAM India looks good
Fundamentals : Strong, consistent on Sales and Profits, Healthy Reserves Vs Debt Free, High Dividend!
Technicals : On strong support, attempted trendline breakout recently.. Mostly should reverse!
R 1: 280
R 2: 320
R 3: 370
S : 200
Consolidation and Base Formation NAM Beaten down stocks are good buy during market high as risk reward is favourable
Nippon India bullishTriple bottom breakout and consolidation breakout. Lot more space is there to perform
NAM INDIA ; BULLISHNAM; breakout done & it has long way to go ; any one purchase it from CMP for quick 15 percent gains; fundamentally also good; finance sector is also outperforming ;
Nippon Life India Asset ManagementA tiny target of 3% trade. Enter only if it breaks the 290levels.
Follow me for more analysis
NAM-INDIA Ascending Triangle pattern on Daily TimeframeNAM-INDIA forming ascending triangle on daily timeframe, looks like it is ready for breakout , keep this in your watchlist
TARGET 320
Note:This is only for educational purpose
Nippon life india asset management Ltd Weekly ChartJust a View Nam_India.
This is just a View, Not a recommendation to trade. Do your own analysis before taking any trade.
