STRONG CONSOLIDATION FROM SEVERAL MONTHS, TAKE POSITION AFTER BREAKOUT WITH STRONG VOLUMES.
Wait for a bullish reversal bar at the TL
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..!!!
buy above 276 in intraday overall structure is still weak because forming descending triangle but may give good reward in intraday
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
On the verge of breakout after consolidating over multiple days. Trending over the EMA 9 and volumes are good. Targets of 328, 355, 380
Upcoming targets if cross 300+ TGT : 296/315/335/365
RSI Bullish Divergence in NAM INDIA : Once breakout above 275, It will go to 289, 300+ Levels SL 250 Risk is yours and Reward is too yours totally
Weekly Chart Shows support. Week Low is stop loss. Target 340