NATIONALALUM Crossing Key MAsNATIONALALUM
**crossing 200EMA Daily T.F**
**Weekly BB Blast about to happen**
**Two closes with BB blast will give us confirmation**
NATIONALUM trade ideas
NALCO nearing- breakoutthe script is growing steadily with a upward trend lines and now looking for a breakout at 103. once its crossed 103 short time traders can jump in and for long term . just wait and watch the show.#Nalco #bearkout.
**Only for educational purpose**
National AluminiumAfter an uptrend a bearish marubozu candle with bearish momentum is seen.
Most likely it will be a bearish movement.
In case of continuation of trend, giving both side trades as well:
Trade: Buy above 80, SL: 77.50, T: 284/286
Sell below 77.50, SL: 80, T: 82/82
Must See This Hello everyone, Today I am again here with a new swing trade NATIONAL ALUMINIUM as you can see it has made a double bottom and a support at 200 ma and also rsi is heading upwards towards 70 and 80 and when you go to Monthly Chart you will find that a very previous line that is supporting it at this point and if you watch its nature it is a stock that when moves up gives you a very bullish signal and gives you a minimum return upto 70% but if you are doing a swing trade you have to take the target of a swing or 10% - 20%. So if you are seeking for this type of return you can find it easily in this, If you like these type of content pls do follow us and like this Post btw, Thank You, Bye.
Disclaimer:- We are not a SEBI Registered advisors, these type of idea is only for awaring you what is going on in the markets and educational purpose.
National Aluminum BreakoutNATIONALUM showing good momentum, already broke out of the falling trendline with good volume. The Results last week was also good news compared to the previous 2 quarters.
Currently Retesting, good opportunity to capture it.
Entry - 76.60
Target 1 - 85.95
Target 2 - 94.45
SL - 71.70
Study the stock & Trade Responsibly
#nal trade idea kindly see the levels marked on the chart and see the logic behind the trade
this is only for educational purpose
NATIONAL ALUMINIUM COMPANY LTD - SMA Crossover + Double Digit 📊 Script: NATIONALUM (NATIONAL ALUMINIUM COMPANY LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY METAL / NIFTY MIDCAP
📊 Sector: Commodities - Metals & Mining
📊 Industry: Non - Ferrous Metals - Aluminium
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is already giving crossover.
📈 Double Moving Averages also giving crossover.
📈 Volume is increasing along with price which is volume breakout.
📈 Current RSI is around 63.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 77.95
🟢 Target 🎯🏆 - 88
⚠️ Stoploss ☠️🚫 - 72
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅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!🥂
a breakout expected in National Aluminium( NALCO)NSE:NATIONALUM
The stock is moving up after taking support at 67 -65 levels(indicated by dotted white lines). The stock had respected price levels between 77 - 85 many times (indicated by the white line) in the past.
Also, there is 200DMA around 85 levels
So looking for entries - above 85 (Should consider volume level along with it)
Short-term target - 100
Stop loss at 77 level
If the stock reverse from the 100 level the stop loss could be shifted to below the 85 levels.
Adding to that nifty metal had shown a break out from the 6300 - 6350 level
*the idea shared is completely based on educational purpose not any form of stock recommendation
NATIONALUM / NALCO has broken out1. important close above trendline
2. closed above 61 EMA
3. Higher low and Higher high confirmed
As metals are moving up this will also add momentum to NALCO
Use discretion!
NationalumAlways follow Risk and Position Management❇️❇️
For more information like this follow me in Tradingview @Jagadeesh11616125
Happy trading
Watch for resistance breakoutThe stock is testing its resistance for a while.
Good to go after a Breakout.
It looks good above 74 on closing basis.
The expected targets are 80 & 86
Short Term Trade Idea (NATIONAL ALUMINIUM)
Materials
Metals - Aluminium
Smallcap
With a market cap of ₹13,471 cr, stock is ranked 288
Current price is less than the intrinsic value
Stock has been generating better return on equity than bank FD
Stock offers good dividend returns
Good time to consider, as stock is not in overbought zone
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Disclaimer : I am not a SEBI Registered Research Analyst so before your Investment Please Consult you Financial adviser.
#National Aluminum next harmonic#National Aluminum
Low risk more profit
Target-80.60
SL-68.05
CMP:70.30 @ 20 October 2022
Firmly in Bears' Grip?Weekend Study No. 2 #NATIONALUM
Stock has already given bearish flag break down on weekly time frame. 61-66 is great demand zone and stock technically should reach there in coming days. For any positive bias, stock needs to stay above 80 on WCB. Below 60, I'd be worried about investors!
NATIONALUM LONGNATIONALUM has taken support very well & formed hammer pattern on weekly chart. Bullish entry if closes above 72.3 on daily time frame. Can be traded for target of 84, SL will be 66.
NATIONAL Aluminum NALCO has taken resistance from first FIb level and has formed a 3 top pattern ready to breakdown. Futures can be sold for a target of ₹50
National Aluminium Company LimitedA proper Head & Shoulder pattern , if break on the higher side , a big momentum can be expected.Keep Your Stop loss.
keep in watchlistNational aluminum is ready to break the trendline...... Target is mentioned in the chart
NATIONALUM - SWING TRADING - 21.07.2022 - BAHAVAN CAPITALNATIONALUM Above 76 for a Target 132.
As per the Below Data
18.07.2022 FII Net Holding 156.08 Cr DII Net Selling 844.33 Cr
19.07.2022 FII Net Holding 976. 40 Cr DII Net Selling 100.73 Cr
I Anticipated FII Participation to increase and stock to move uptrend as per my post on 19.07.2022 and indeed its good to see FII everyday increased holding.
20.07.2022 FII Net Holding 1780.94 Cr DII Net Selling 230.22 Cr
21.07.2022 FII Net Holding 1799.32 Cr DII Net Selling 312.29 Cr
I only Share my opinions on the shares which i will buy and not for the sake of only publishing and not entering in any stock. NATIONALUM had crossed above 76 and Iam holding as per my own buy call.
Happy Profitable Trading to All.
NATIONALUM - SWING TRADING - 19.07.2022 - BAHAVAN CAPITALNATIONALUM is about to Break out and Buy Above 76 and Target 132.
There has been change in the holding patterns in last few days.
and it indicates FII have beginned their entry middle of this month onwards.
18.07.2022 FII Net Holding 156.08 Cr DII Net Selling 844.33 Cr
19.07.2022 FII Net Holding 976.40 Cr DII Net Selling 100.73 Cr
So iam anticipating a uptrend move for this month.
Will discontinue Intraday and focus on Swing Trading.
Happy Profitable Trading to All....
