NATIONAL ALUMINUM

NSE

NATIONALUM

Pearl_Kaur

National Aluminium Company Ltd. still trading in a downtrend and change in trend to take place only the stock closes above 38 level atleast in daily timeframe. Probable resistance in the medium term comes at 47 and 59 respectively. Technical parameters looks neutral as of now. Keep a watch. FOR COMPLETE STOCK ANALYSIS, INTRADAY LEVELS AND FOLLOW-UP. CONTACT ME!!

TradingEdge_Academy

#NATIONALUM BUY ABOVE 32.90 SL 32 TGT 33.25/ 33.55/ 33.85 SELL BELOW 32.10 SL 33 TGT 31.80/ 31.50/ 31.25

PrasantaP

* National aluminium ltd now stand at multi month resistance level. * At this time its break a triangle pattern in daily chart with heavy volume. thats why i think it cross the 39 major resistance level. * if it cross 39 my 1st target is 45 and 2nd target is 70 followed by SL- 33.5 . * Entry price is in between 36 to 40 .

srikanth7809

After weeks of downtrend Nationalalum is on the way to break the downtrend in the 3rd Elliot Wave. 1. Wait for break of the trend line. 2. Can go long after the retest of the trend line . 3. Final target of 5th wave-46.5 can be achieved. 4. Analysis get failed if the stock fails to break the trend.

s_R

Stock seems to be trending with HL formation. Looks good for a long trade in the coming week. This is not a recommendation only my view

bpamwani

Seems to be a channel breakdown + stock is in longterm down trend. Can be good short opportunity !

bpamwani

Might be a good short Opportunity !

Pearl_Kaur

INDIA CEMENTS in weekly charts it is trading at support level from where it broke-out. in 30 min charts it has given 30 min RSI divergence is clear buying at current price next resistance is at 117 122 and 125 with stop loss of 110 for short terms and close above 125 on day basis stock can see 140 in medium term

Pearl_Kaur

National Aluminum Company Ltd. trading right above the support zone and likely to stay positive until it stays above 32-33 zone. Likely to see further momentum in the stock above swing high of 57.5. Technical parameters looks neutral to positive as of now. Keep a watch.

shikharbector

This is just Analysis, not a suggestion to buy.

Sudhi4488

Stock is forming HH and HL. Expecting the stock to go up in the week starting 20th. Fingers crossed.

Rukmanggathan002

Analysed levels mentioned on chart!!! Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!!

JiteshRane

various levels marked in chart for swing purpose! Note RSI divergence on weekly TF

kalyanganguly

Note: This is for educational purpose only. There seems to be a bullish breakout with high volume. However, I am not too convinced if this is a true breakout or a false breakout due to wick which indicates selling pressure coming in. Need to wait for confirmation on next candle being closed above high of the current candle.

oldwine

Today the National Aluminium has broken out from the Ascending Triangle . --- The volume is comparatively high. The quarterly results are positive too. --- Now the breakout has happened, the previous resistance will act as a support 35.00 --- This is a good chance --- Ignore the RSI

MonishMoz

Expecting some bullish move here. Volume is increasing relatively, had higher volume breakout which confirms the trend continuation. RSI coming in bullish range. Moving average golden cross adds some more confirmation of further bullish trend

GrowMyWealth

Hit like if you agree or comment your views Why long- -Golden crossover formed EMA 20 support Demand zone support on daily timeframe

gopinath87607

good fundamentals stock near 52 week low trying for trend reversals. no stop loss .first target is 40rs short term 59 for long terms and this stock is under accumulations so accumulate between 32 to 34 rs thank for view chart after target 40rs the share may come down @37 so careful @40rs