For channel traders. No need to explainFor channel traders. No need to explain. low to mid risk while in channel. Stop loss and hedge to manage risk.Longby FreeStockologyUpdated 1
NATIONALUM - Swing Trade for Long ⚡ 🚀NATIONALUM is moving out of significant consolidation and can move towards a Weekly breakout. It was the previous support and after the downward flight it acted as a resistance and now it had given the breakout. #SwingTrading #Breakout #PriceAction Disclaimer: This video is for educational purposes and not a recommendation. Analysis Posted here is just our view/personal study method on the stock. Do your own analysis or consult your financial advisor before making any investment decision.Longby Uday_MandalUpdated 8
Trading in increasing channel . moved from strong supportTrading in increasing channel . moved from strong support. entry on cool down not today SL and hedge must. Longby FreeStockology0
National aluminium swing tradeBuy if next candel cross above 98.5 Sl 91.5 T1 102.5 T2 106.35Longby rahulsharmasujan1
National Aluminium | Multiyear Breakout | Swing TradeNational Aluminium has given a multiyear breakout and try to hit all time high in next upcoming weeksLong01:14by Bigfoot_Academy1
Nalco Breakout Retest IdeaHi friends, sharing weekly chart of National aluminum for a breakout retest idea, As it apperas on provided chart that it gives a breakout of rising wedge and a horizontal resistance zone at by the same weekly candle and after this breakout it went well to 98 levels from 88 levels but now after taking resistance from 98 levels it came down again to breakout zone and now bouncing from there, so we can consider it is a retest of breakout for this targets i marked on chart and 85 levels is looking a good support now on weekly chart for this trade friends. This chart is also giving an example of how a zone which earlier a support later became resistance and after that same zone again became a support. Daily Chart-: This is not and trade or investment advice. This idea is meant for learning only. Best Regards happy trading- Amit Longby AMIT-RAJANUpdated 212164
BREAKOUT - PULLBACK - CONTINUATION - CAN BE GOOD REVERSAL TRADE!The stock gave an ascending triangle breakout and after the initial impulsive move, has corrected. It retested the initial breakout level of 86.5. The corrective wave retraced 61.8% of the impulsive wave which is a great retracement. The RSI has also cooled off. The stock looks good buy above 91.2 level, carry on day closing basis for positional targets 92.25, 94 and 97. Since this is a reversal trade, intraday is not recommended. Put SL day closing below 86.5 and trail. Learn & Earn, Dr. Tanya KumarLongby tanya15118122114
NATIONALUM LongGartley Harmonic Pattern Moving inside Parallel Channel NATIONALUM Buy above 82.5 SL below 79.4 Targets 84.6, 87, 90+ ***Educational Purpose Only***Longby TraderKalyanBUpdated 3
NATIONALUM 5-10% move coming NATIONALUM was shared/entered during Nov 22. After hitting Target 1 it went down but never breached the SL placed @ 71.70. Instead it bounced back from the SL and hit Target 1 again and consolidation for 6 months. Now looking for a good 5-15 % move. Entry - Close above 86 Target - 5-10% SL- 80.40 SL is on closing basis. Study the Stock & Trade Responsibily.Longby NiftyBreakoutsUpdated 335
NATIONALUM On Daily Chart AnalysisNationalum has given a daily breakout & awaiting it’s retest. Next target looks around 107-119 Support 86-88by Abhishek748692
Metal stocks are ready to raorAfter hefty consolidation metal can breakout anytime. Close above 90 will be a fresh breakout and can reach till the previous high. Shortby PraveenRaj15Updated 4412
Ascending Triangle breakout on weekly chart. This script is showing good signs for going long. It has broken out from an ascending triangle pattern with good volume. Entry @ CMP Stoploss: 87 T1: 99 T2: 107by ShorabhUpdated 3
#Nationalum #Nationalum has given a daily breakout & awaiting it’s retest. Next target looks around 106 which can be like 20% gains Buyable at dips around 86/88 Thank youLongby PraneetBhatti115
Keep a close eye on NATIONAL ALUMINUM.Keep a close track of NATIONALUM because it's close to breaking out. For the past year, the stock has been moving within a supply demand range, forming a rectangle pattern. By Looking at chart, you can see that it has repeatedly reached resistance and then returned to its support level. Today, it has once again reached that resistance level, and it seems likely that it might break the pattern. If it does, we would need to see a relatively large candle followed by Good increased in volume for confirmation. Trade can only initiated when it sustain above the line at 89, We can partially book our profits at 93.35 as first target. We can even go longer after reaching 1st target. Stop Loss at 85. Do prepare your own setup, this was only for Educational purpose.by BullishLineUpdated 4
Daily and weekly Breakout on NalcoDaily breakout with high volume. It was the previous support and after downward breakout it acts as a resistance and now it had given the breakout.Longby kaushal9809500
NATIONALUM - Ascending Triangle Breakout - Swing TradeThe analysis is done on Daily TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. NOTE - Usually Price Shows reversal with help of certain setups - Inverted H&S, Cup & Handle, Wedge pattern & Ascending Triangle Pattern. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis. Longby TradewithAditya3
National Aluminium looking bullish ahead as per wave structureHello Friends, Here we had shared possible Elliott wave counts of National Aluminium chart, on daily time frame, which is clearly indicating that above 66.95 major support level it is purely in an impulsive phase. According to the Elliott wave structure, the price chart has exhibited the following patterns: The initial phase consisted of an upward impulse movement, representing a larger wave marked as ((1)). Subsequently, a significant correction took place, forming wave 5 within wave (C) of the larger wave ((2)). This correction reached its lowest point in July 2022 at a price level of 66.95. Currently, there are indications that we have entered and started the larger wave ((3)). Within this wave, we are currently witnessing the development of wave (1), which is expected to unfold in five sub-waves. The first two sub-waves, 1 and 2, have already been completed. Looking ahead, we anticipate a northward movement as wave 3 within wave (1) of the larger wave ((3)). We have already experienced sub-waves (i) and (ii) within wave 3, and we are now potentially prepared for an upward surge as wave (iii) of 3, within wave 1 of the larger wave ((3)). Elliott wave structure mentioned on chart shared below Breakout with very good intensity of Volumes My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I an not Sebi registered analyst, and I am not responsible for any kinds of your profits and your losses. Thanks RK💕 Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com/u/RK_Charts/ is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing. Longby RK_Chaarts22109
An ascending triangle breakout.Chart -> National Aluminum Weekly CMP: 89.30 Good Range To Buy: 84 to 90 Targets: 99, 108, 118 SL: 81 Weekly Close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.Longby kathanthakkar4034
National AluminiumNA Buy zone_Target 1 and 2 with SL. Only for education purpose. Investments in stock market is subjected to market risk do own researches before investing.Longby sreekumars3311
Nalco breakout on daily timeframeTested the resistance three times and finally given the breakout with high volume and no upper shadow. If, you look further back then you will realise that earlier it was acting as a support and now acting as resistance but it will now act as a support. So, if you got any chances to buy at support then buy for swing trading purpose.Longby kaushal9809500
National AluminiumWeekly timeframe breakout of last 1 year chart in national aluminium stock, metal stocks shine, rally continue, target will be 150Longby rahulvala772
Ascending Triangle Pattern BO#NATIONALUM - Ascending Triangle Pattern - Above Key EMAs - Bullish RSI by ChartShala0