Descending Triangle Pattern -Breakout with Volume-beginners those who really wants to learn Technical analysis, analyses this patter and try to find out similar one in charts gr8 learning
The secrete to wealth creation is: 1) Investing in great company at fair valuation 2) Patiently wait for the market to discover the true value of this hidden gem! One such equity is NIACL. Posted way back when no one was talking about it. & I will brag this one after making +100% returns! :D So far +30% returns done. ... next 70% to go! Disclosure: Invested.
track this stock as it is now making a play for 200..
It's a money minting stock!! Hope some of you have started riding this, the risk reward entry is still favorable right now. Note: Just for educational purpose! :) Like for more such ideas, & you can put your stocks in comment section if you're looking for some technical analysis of the same. Happy to Help..!
Refer to the chart for details Note: Educational Purpose
Huge upside opportunity in this one! Fundamentals in favour: - Govt's planning to FDI in insurance sector - Good dividend Paying stock - Probable candidate for Privatization - Delivery volume is on rise Overall an ideal candidate for our 50% returns club!! Enjoy the ride!! ;) Discloser: Invested (this is for educational purpose)
Keep this in Radar, Another +50% returns candidate! Discloser: Invested (For educational purpose)
NIACL was observed a bullish pattern on a uptrend with strong indication. It created a symmetrical tringle indication of short term breakout. Let me know if you have any suggestions or recommendations. Thank you. Disclaimer :- Just an idea not any recommendation
CLOSING ABOVE 138 TODAY can take it up... levels on the chart sl 124 below cb disclaimer - not a recommendation ,do your due diligence
Somebody Accumulating New India, Hope for the 170+ Abv Chart is for Study Purpose Only....
In our FM's speech today she mentioned disinvestment of 1 insurance company. Also upto 74% ownership by FDI. New India was the only GOI insurance player which did not require capitalisation last year which makes it a more attractive player for a buyout than the other ones which still require support from the govt. Additionally compared to all other insurance...
As NIACL broke out two trendlines in this week with massive volume, it's expected to go higher. Now it has formed flag & mast, the upside potential is very high. One can look for targets 153, 160+ with SL below 134. Pay your insurance premium this month from NIACL.
NSE:NIACL Formations- 1. Daily chart has given a breakout after huge consolidation. 2. Breakout confirm by huge volumes. 3. Next resistance levels at 156/171 4. Support at 128/125