BUY - NLC INDIA LTD
CMP - Rs. 97
Target - 1: Rs. 133
Target - 2: Rs. 169
Target - 3: Rs. 234
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Technicals - Trendline Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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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 and...
NLC India CMP 115.7
It has touched 121.5 which it crossed 5 years back.
has made perfect rounding bottom, good positive sign.
if it break 122-123 see the fibo levels and confirm targets.
RSI getting positive.
Disclaimer: the idea is for educational purpose not for buy/sell, please ask your advisor before investing.
NLC
VLC Pattern is forming and nearly 3RD phase of breakout on the hourly chart. Volatality decreased with increasing of price and decreased in volume and making HH-HL.
BUY ABOVE 118
SL 116
TGT 120-122-125
NLC INDIA is taking support from the trendline and moving up with HH HL formation.
CMP - 78
Target - 88.30/98
SL - 74
Markets are super volatile and tricky, smaller positions.
Study the stock & Trade Responsibly.
Nlc india-On the verge of breakout of 12 yrs of resistance & 5 yrs of cup pattern above 118-120..
Buy above 118-120 daily closing basis
Initial sl -106 ( trail sl once it close above 133)
Tgt 133-160-200-235 ( minimum holding period 3-12 months for last tgt)..
NLCINDIA looking good for swing trade with SL@82, TGT1 : 88.75, TGT2 : 92.40
Note : It's your hard earned money always trade with SL, I'm just sharing my analysis
#nlcindia
>> Swing Trade
>> Trendline breakout & Inverse Head & Shoulder pattern
>> Good Volume & Good Strength in stock
>> Good Risk Reward : 1:1(trg - 87) &1:2 (trgt - 92)
>> Book profits at 5-10% fully or partially & keep trailling.
Keep liking and sharing & Following @moneyfesttrading for more learning
NLC INDIA buy above high of last doji candle formed,as the stock is on support +breakout+doji on support with 1:2 minimum target
note this trade is valid only if it crosses high next day
