During breakouts always watch for 61 level of Fib retracment ..
Today was a high volume day and could soon lead to a breakout. I would wait to see how the stock reacts around 383 (gap fill) before taking a larger position. Otherwise Long above 375 with a 5% SL. Stock could go to 414 and then 450.
Chart clearly shw=owing breakout on multiple patterns 1. Triple top 2. Cup & Handle breakout 3. Double resistance breakout Target 1: 349 Target 2: 370 Target 3: Gap filling till 382
Nam india closing 358 #Ghc3BarDecider
NAM-India (Nippon LTD) CMP 344 buy for Target 356- 367- 376- 400+ SL below 310
Breaking Long Term Resistance. Good to enter if breakout sustain. Add positions in dips! Good position to take for long term.
Stock has given breakout with good volume. Expecting good upside in the coming days. Choice is yours
#NAM-INDIA TRIANGLE BO on Weekly Chart Details on chart.