NOCIL trade ideas
Nocil- breakout Nocil- breakout of cup& handle pattern on daily & inverted H&S pattern on weekly chart with huge volume with Rsi @ 68, + dmi & adx above 25, volume increased since 16th nov.
Buy above 260 or near 253( on retracement)
Sl 240
Tgt 274-294-320 (3-6 months holding)
NOCIL LtdNOCIL Ltd
manufactures rubber chemicals which are used by the tyre industry and other rubber processing industries.
Market Cap = ₹ 4,306 Cr ROCE=13.4 % ROE= 9.89 %
Debt to equity = 0.00(Debt free company)
as per my view its in strong momentum zone .
thanks for support my ideas.
NOCIL 1WI am not a call provider, not SEBI approved person. All the charts and PnL here are for educational purposes. Consult a professional financial advisor before you invest.
NOCIL - Triangle pattern - 50% upside potentialNOCIL has formed triangle pattern and has closed near resistance levels of 245. Recent price action and volume looks good.
Daily close above 255 will confirm the breakout of triangle and trendline.
Target: 370+
SL: Daily close below 235
NOCIL Attempted BO [DAILY]NOCIL attempting a BO today with higher than average volumes, selling pressure can be seen, most likely is some overheard supply, once that clears out, volumes should move it ahead. Keep an eye out on it.
nocil swing pick only after breakout nocil lokking good in weekly view after breakout we can see good move
NOCIL - Weekly AnalysisIn the Weekly Chart of NOCIL ,
we can see that, it has respected the Cup & Handle breakout Trendline.
Enter at 250 with 236 as SL.
Potential Long Wait and watch where does it close on Friday , very good risk reward ratio trade is possible if it breaks out.
This idea is only published for educational purposes.
Solid bottom with volume breakoutstocks forming double bottom, we are doing the early entry with one candle SL
looks good 237 and SL can be 222
Get Ready for a NoCil #SuperChartzKey Levels:
Support: 220
Resistance : 240, 260 then BO
#Nocil
Keep tracking, keep learning
Breakout of an Ascending Triangle PatternSwing trade setup for 5 to 6%
Today we have a breakout of ascending triangle pattern and the price has entered the resistance zone. The breakout of 240 will open the levels of 255 which is a 6% move.
Hit the like button!! Show some energy!!
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Thanks
Er. Simranjit Singh Virdi
NOCIL UPDATEstock still in uptrend only but i missed the bigger picture there today i found it and updating it to you.it is in a bigger wedge than i drawed in last time.if you have entered you can wait with a stop loss of weekly candle close below the lower trendline.i still expect it to break up even it hits the bottom trendline again.so if you didn't enter please wait for breakout to enter or enter if the stock comes down to the bottom trendline.
Monitor NOCIL for bullish tradeThis looks good above 260, for the target of 300+
Consider a bullish trade on NOCIL due to strong technical indicators and positive market sentiment.
Remember that this is a simplified trade idea, and actual trading involves a more in-depth analysis of technical, fundamental, and market factors. It's essential to conduct thorough research and possibly consult with a financial advisor before executing any trades.
NOCIL#NOCIL - 1 more stock that is forming a structure that I like. It has broken out of the base with a good volume and relative strength.
#NOCILNSE:NOCIL
Day Closing above 235 can see upside movement.
Support around 210-215
Technical Analysis:
Price Action
Result
NOCIL Daily looking bullishNOCIL daily looking bullish, it has trendline breakout with 200 ema support on daily candle.
Good to buy at 239.50 for target of 267 with sl below 224.35
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This is purely for training and educational purposes. We shall not be responsible for your profit or loss.
The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position.
NOCIL - 70% RETURNS!!!BUY - NOCIL LTD
CMP - Rs. 222
Target - 1: Rs. 290
Target - 2: Rs. 325
Target - 3: Rs. 380
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Technicals - Bullish Flag BO. Triangle BO
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This is just a view by an expert analyst, please invest at your own risk.
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NOCIL --- has potential to give good gains, worth researching NSE:NOCIL viewpoint
should do well above 235-240 levels. weekly close above 240 is awaited
taken small position here, as i think this one will do better in coming months
cmp is 224
patience needed as it is a slow moving stock.
this analysis is for knowledge sharing and educational purpose .
this post is not a buy or sell recommendation.
Nocil Ltd This Stocks is showing Following criteria for being in watchlist.
1. Higher Trade and Delivery Qty
2. Making Higher High from last 3 days
3. Relative strength is improving. once it closing and sustain above 0 it will be rocket.
