A Simple Downtrend breakout , a consolidation at bottom , has got a good potential to go up.
Go For long , after 140.50 is taken out by open and close in 4 hours time frame , Why ? Continuous Downtrend , consolidation at bottom , seems trend is going to end.
The stock is not only technically looking good, fundamentally too, it is very undervalued compared to its private sector peers. Valuation will catch up in the long-term as this is the biggest General (Non-life) insurer.
after correction in monthly time frame with u-shape correction stock is moving in box pattern (8 month duration) stock is moving in symmetrocal pattern in daily time frame buy - cmp till 155 stop loss - 155 (for risky trader) , closing below 136 (for long term investor) target = 180 ,193 , 200 , 210 ,217 ,225
NIACL The Undervalued One✔️ buy @cmp add @141-45 range sl below 140 bo above 182 risky players can enter @140-150 range,other can wait for bo. and 💎Ride The Trend Until The Weight Of Evidence Proves That It Has Been Reversed💎 #skyscraper #study
Indicators and Reasons to buy: -Recent MACD Crossover -RSI Above 60 -Higher volume than the past 5 trading sessions
BUY 168-171.50 TARGET 183 SL 160-DKM SIR i can see the clearly upmove buy and hold
Beautiful case study, Before investing.. Learn about: - The FIIs inflows in Insurance sector. - Recent Press conference of Nirmala Tai Then Invest at your own risk! ~Happy investing~
#NIACL 5-0 Bullish Harmonic Pattern PRZ-133 SL-130 Target -180 CMP:164 @26 August 2021
small stoploss and huge targets. again with government showing less involvement in insurance sector and further allowance of FDI might trigger a good move. technically the stock is at trendline resistance, once broken it should follow the marked targets.
BUY NIACL ABOVE : 164 STOPLOSS : 148 TARGET : 180
Buy New India Insurance above 171 Stoploss 159 Target 198 and 220 Formation of Cup & Handle Pattern
New India Assurance - Bounce off the Cloud / Future Kumo Bullish / Chikou Free and Clear / Bullish on the higher TF Sl could be below the Senkou B @ 160 Tgt 230 / 250 / 280
NIACL The stock has given has come out from the Downtrend. Buy - Between 130-132 (Add More @ 125) Sl - 115 Target - 180 220 250
Add "New India Assurance Company Ltd" | NSE: NIACL to your watchlist. Good, Investment Opportunity if breaks the upper resistance as shown in the image. It is forming an inverse head and shoulder pattern. Disclaimer: This is for educational purposes only. I am not a SEBI registered advisor. Please consult your advisor before investing. Happy Trading and Investing :)
Time to add more once it close above 180 & 192. Still market has not identified this gem. Soon there will be a 20% going by the stock's strength..!! Sit tight don't book profits till you see a 100% return in this, Hope we will be there soon! :D Disclosure: Invested.
Market is bleeding (-0.5%), yet our stocks are fighting hard to push our portfolio Green & Greener. Hope your guys are enjoying such ride (SPENCER also up by 3%... Brace yourself for a turn around here). We will recover all the trading losses of Retail Traders, but just say no to trading & trust the path of value investing especially in Bull Market..! :-) Just...
Strong Fundamental, buy with SL 140 for target 370.