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Breaking Long Term Resistance. Good to enter if breakout sustain. Add positions in dips!
Good position to take for long term.
#NAM-INDIA TRIANGLE BO on Weekly Chart
Details on chart.
Trade Setup as per Chart..
LOOK GOOD ABV 325
Buy NAM INDIA @329 target 360, 385, 415
Stop loss 295
Risk Reward 1:4
Wait for a bullish reversal bar at the TL
Stock has given breakout with good volume. Expecting good upside in the coming days. Choice is yours
Nippon India breaking out the triangle pattern
Look fresh in range 300-305 for upside 370 med term.. Buy only above 300 level breaks with good volume and sustain above 300 for 3-4 trading sessions..!!!
Nam India Ready To Fly
buy above 276 in intraday
overall structure is still weak because forming descending triangle but may give good reward in intraday
can buy above 276.30
I will buy NAM_INDIA because :
It has been taking support at the trend line .
So will be looking at buying opportunities.
Entry : 262
Target : 327
Stop loss : 248
MACD - Positive
Hull - Positive
HA - Positive