A pennant formation, likely to continue uptrend. Looks good to long above 242 with SL as 222
Stock Name-NIACL . TF-1M . Volume Breakout . Enter on Pullback . SL-163 . (If price sustain above 220, then it may gain momentum) . For long term . I am not a SEBI Registered. This analysis is purely for educational purposes only. . If you gain some learning from this chart, then please like this post for more reach & also do comment if you have any questions...
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to...
The stock has recently broken out from a double bottom pattern on the weekly chart, and this breakout was accompanied by notable trading volumes. The double bottom pattern is a classic bullish reversal signal, and the addition of strong volumes during the breakout adds confirmation to the potential change in market sentiment. Traders and investors often view such...
NIACL - Weekly chart Reversing Set up. Stock is coming out of Good base of 6 years and satisfying the Stein Weinstein Stage analysis. This is not a buy sell reccomdation. This is for my learning and recording purpose. For Tradingview Premium plan, Can go with the below link in.tradingview.com
NIACL is looking good on this weekly chart, huge volumes coming in and breaking out of a long weekly base as well. Keep an eye on it for further consolidation setup as it might be extended soon.
Breakout of trendline and resistance line will be a good upside potential.
THE NEW INDIA ASSU daily time frame important resistance breakout and retest resistance act support and best candle to entry
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
BUY - THE NEW INDIA ASSURANCE COMPANY CMP - Rs. 132 Target - 1: Rs. 173 Target - 2: Rs. 230 Target - 3: Rs. 298 . Timeframe - 2 months - 1 year . Technicals - Trendline Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
In the Weekly Chart of NIACL , we can see that, it has multiple rejections at 130 levels. Also, Decision making candle is formed on same range. Enter on breaking its high with low as SL and Go Long.
📌Cup & Handle Pattern Breakout ✅Keep an Eye NIACL - Volatility and Volume contraction during Handle - Breakout Being validated with Volume - Above Key EMAs - Bullish RSI
In the Weekly Chart of NIACL , we can see that, after Cup & Handle Breakout it is ready for big momentum. Enter on Hammer Candle's High with Low as SL.
📌Symmetrical Tringle After Double Bottom ✅Stock for Tomorrow #NIACL - Multi setup Stocks - Consolidating at the resistance with Dried up Volume - Above Key EMAs - Bullish RSI
📌Cup & handle Pattern #Breakoutsoon stock for next week #NIACL - Cup & Handle pattern - Above Key EMAs - Bullish RSI
📌Cup & handle Pattern✅ #NIACL - Volume Dried up during Handle - Above Key EMAs - Bullish RSI
SELL NIACL after the BD of support as well as TL. Can see the 105-100 levels soon in the stock. RSI below 50 and negative divergences. More bearish would be after the BD of EMA levels. SL kept near the EMA support levels. This is for your educational purpose only.