Get started
NATIONAL ALUMINIUM CO.LTD.NATIONAL ALUMINIUM CO.LTD.NATIONAL ALUMINIUM CO.LTD.

NATIONAL ALUMINIUM CO.LTD.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options

NATIONALUM trade ideas

National Alumimum : Showing Bullish Momentum.Price Action: 1. Trend Channel:The price is moving within an ascending channel, with multiple touches on both the upper and lower trendlines, indicating the price respects these levels. 2. Bullish Divergence:** A bullish divergence is visible as the price forms lower lows while the RSI forms higher lows. This suggests a potential reversal or upward momentum. 3. Current Price:The price is currently at ₹181.98, bouncing off a lower support level with a strong move upward of 5.09% on the day. Volume Analysis: Volume Spikes:** Noticeable spikes in volume indicate significant buying interest, particularly near the support level of the channel, which reinforces the potential for a reversal. RSI Analysis: Bullish Divergence: As highlighted, the RSI is showing a bullish divergence, where the RSI formed higher lows while the price formed lower lows, indicating waning selling pressure and a likely reversal. Current RSI Level The RSI has crossed above 50, indicating strengthening bullish momentum. Outlook: Bullish: Given the bullish divergence, upward price movement, and strengthening RSI, the stock may continue moving upward, potentially targeting the upper boundary of the ascending channel. Key Levels: The next resistance could be near the recent high around ₹200, while support remains at the lower boundary of the channel. Conclusion: This chart suggests a bullish outlook in the short to medium term, supported by a breakout from the bullish divergence, rising RSI, and positive price action within the ascending channel.
NSE:NATIONALUMLong
by brijmohan_h
National Aluminium Company Ltd. @ 165.09Sector: Aluminium & Aluminium Products Strong Performer Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators Promoters holding remains unchanged at 51.28% in Jun 2024 qtr 52 Week High 209 52 Week Low 80.65 All Time High 209 All Time Low 9.13 Book Value Per Share 68.34 Dividend Yield: 3.03 Sector PE 29.63 Face Value 5 Beta 2.39 Mkt Cap (Rs. Cr.) 30,320 Supports: 130/55 Upside can be: 240-280, 350-390 NOTE: Not a BUY or SELL SIGNAL. All updates are only for the educational and knowledge purpose.
NSE:NATIONALUM
by kacraj
'Bullish' on National Aluminium for Medium TermThe scrip was in a corrective phase after reaching a 52W high of .The scrip gave a breakout from the triangle pattern on daily time frame forming a large bullish candle on 01.03.2023 rising 5.6 percent to Rs 82.65 with above average volumes, the highest closing level since January 31.The stock is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.This suggests that buyers have started taking control. A buy above 85 levels is recommended for first target of 97 and 2nd target of 112.
NSE:NATIONALUMLong
by finvestar
1
National Aluminum breakout on daily timeframe.Nationalum daily timeframe chart shows trending breakout with big volume. RSI is also showing upward movement. This could be a good opportunity to participate in this stock with having 1:3 risk reward ratio at current price level. If price comes down risk reward ration would become better. But stop loss should be strictly followed. Disclaimer:- This is not a recommendation, this only for study purpose. Consult with your financial expert or advisor before investment.
NSE:NATIONALUMLong
by llovecricket892
MACD Crossover Swing Trade - NATIONALUM📊 Script: NATIONALUM 📊 Sector: Non Ferrous Metals 📊 Industry: Aluminum and Aluminum Products ⏱️ C.M.P 📑💰- 191 🟢 Target 🎯🏆 - 203 ⚠️ Stoploss ☠️🚫 - 183 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NATIONALUMLong
by radha_23
NATIONAL ALUMINUM COMPANY LIMITED : DOWNTREND SOON?Dear Traders, I hope this message finds you well. I wanted to share my view on National Aluminium Company Limited. this Stock is at ATH. but RSI is Showing Divergence I think that it will Reach around 200 and then it will start falling Stock: National Aluminium Company Limited Entry Point: 198 Stop Loss Point : 204 Please keep in mind that markets are inherently unpredictable, and there are no guarantees in trading. This view is based on my analysis as of Dated 17-May-2024, and conditions may change. It's important to do your own research and consider your risk tolerance before making any trading decisions .Feel free to reach out .Your feedback and insights are always appreciated. Disclaimer: Mention Information is only for Educational Purpose I am not a SEBI registered analyst.
NSE:NATIONALUMShort
by Silent_Kitty
2
Short Term Trading Idea in National Aluminum for > 20% UpHi, NSE:NATIONALUM has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on daily, weekly and Monthly time frames. RSI is also on the bullish side on daily and weekly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss on Daily Closing basis and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:NATIONALUMLong
by raigvivek
NATIONALUM | Multiyear Breakout📊 DETAILS Sector: Aluminium & Aluminium Products Mkt Cap: 30,451 cr Incorporated in 1981, National Aluminium Company Limited (NALCO) manufactures and sells Alumina and Aluminium TTM PE : 20.49 (High PE) Sector PE : 30.24 Beta : 1.91 📚 INSIGHTS Mid-range performer Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest. 2.07% away from 52 week high Outperformer - National Aluminium Company up by 8.37% v/s NIFTY 50 up by 2.4% in last 1 month 📈 FINANCIALS Piotroski Score of 4/9 indicates Weak Financials Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
NSE:NATIONALUMLong
by Munish_Jain
2
NATIONAL ALUMINIUM BEARISH DIVERGENCE TGT 154-132National Aluminum is an interesting chart showing signs of negative RSI divergence on weekly charts Price in case of fall can fetch neckline of BAT pattern i.e. 132 Positionally and 154 being immediate 20 SMA Weekly support Pattern fails if closes above 198 Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
NSE:NATIONALUMShort
by purisonshuf
National Aluminium - LongNational Aluminium - Long Price levels BUY INSIDE THE TRIANGLE - FOR SHORT-TERM /SWING TRADE WITH CALCULATED RISK: 166.15 – 151.95 BUY & ACCUMULATE ON DIPS - FORLONG-TERM : 150.50-139.85 76.25 Target 1: 180.10 Major Support: 139.60 **Disclaimer: I am NOT a SEBI registered consultant/Advisor (and NOT any country-authorized board registered consultant/Advisor). It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advice or any recommendations on stock/Forex/Coin buying or selling. Please do your research and consult with your financial advisor before taking any action. I am not responsible for any of your actions on buying, selling, or holding the above-mentioned stock or/and index or/and Forex or/and coins.
NSE:NATIONALUMLong
by pmosesoliver