NAM_INDIA trade ideas
NAM-INDIA ROUNDING BOTTOM NSE:NAM_INDIA
ROUNDING BOTTOM PATTERN
stock looks set to breakout from Rounding Bottom formation
reversed from 50EMA support after correction.
Long can be initiate with SL at breakout candle's low
** Educational Purpose
Three in One in Nam_IndiaDouble bottom with rounding base along with ascending triangle - a bullish pattern group is forming on NAM_INDIA on Weekly TF.
But the only belief shaker is the long-legged doji forming at the resistance area showing that the price may get reversal.
Keep an eye.
Keep supporting, keep earning.
Go Long - NAMThis is a trend based analysis of NSE:NAM_INDIA . Price is looking bullish on MLY, WLY, DLY and 4H time frames despite the small correction. Price has tried to cross the MLY S-R level and has corrected a couple of times. The ascending triangle pattern suggests a bullish bias in the short term. For the near term future, going long looks profitable. Slightly risky bet of 1:1
Trend lines at different timeframes.
Support - Resistance levels at different timeframes.
Disclaimer: This is shared as an idea and not a recommendation. It is a guesstimate of what the price may be down the line. Please use this for your further analysis and based on your own analysis and risk management initiate trades accordingly. I'm posting this as a means to further improve my knowledge and receive further knowledge from others.
NAMINDIA - could start its upward movement NAMINDIA - looking good for an upward move. Refuses to go down below 350.
Nam India Good long candidateNam India Elliot wave study ,, both minor and major cycle indicate good upmove can be seen in the counter,, price action also indicate most awaited breakout can be seen soon in this counter,,
Good long candidate..
NAM INDIADOUBLE BOTTOM FORMATION IN 15 MIN TF. BUY ABOVE 362. ONLY FOR SHORT TERM TRADING PERSPECTIVE. MAINTAIN STRICT STOPLOSS.
NAM_India - 30 MIN Pattern AnalysisUpon the breakout of the trendline, we can go long.
The last 45 mins saw large volume buying indicating a breakout.
Long NAM-INDIANAM-INDIA
NSE:NAM_INDIA
CMP - 375
Stop - 320 on DCB
Expectation -
T1 - 450
T2 - Open, Review at 320
Expected Holding Period - 60 trading days or earlier for T1
View:- Swing/Positional
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
NAM_INDIA - Breakout & RetestNippon Life India Asset Management Ltd has moved away from consolidation phase to bullish phase.
We can expect good up move as it has given a good retest and getting ready for a Rally.
NOTE: Breakout is backed by Good Volume
NAM_INDA ( INTRADY FOR 1- JUNE-2021)TODAY CANDLE IS GREEN (31 -may-2021 candle) and its gives breakout from parallel channel and also breakout from resistance . hence it looks more bullish
after that there is a seller zone
i give details in chart how you take entry see it
for 1 june 2021 we go bullish in this stock
but when prick is in seller zone
there is a chance for false breakout so donot take judgement fast
when candle body closes 386.4 price then see next green candle also with volume
if its good then take entry
all target are given in chart
disclamer :
for education purpose only
NAM INDIANote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading.
nam_indiaNAM_INDIA (Daily):- 370 CMP LOOKS GOOD FOR UPSIDES :)
1) Ascending Triangle bo.
2) Volume + MACD DIVENGENCES
