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As per the charts. Will tell once I exit.
National Aluminium Corporation Weekly Setup .BSE:NATIONALUM
Buy on every dip
from 41.2 to 41
QUICK POSITION FOR INTRADAY KEEP EYE
short @ 44.8 tgt 40paisa
trade as per chart
BUY NATIONAL ALUMINUM WITH A PRICE TARGET OF 47 IN THE NEAR TERM AND MUCH HIGHER WITH A TARGET OF 57 FOR POSITIONAL TRADE. THE PRICE HAS TOUCHED A TWO DECADE LONG TERM TREND LINE AND GOOD BUY
Buy NALCO 49.8 Target: 52
Today Nifty Metal sector is down as well as all metal stock down
NATIONALUM sell below 48.5 with the stop loss 49.05
49.00 position is best for the Decide final trend
NATIONALUM Type1 Trade
NALCO AT ITS BREAKOUT
We can see a double bottom and it crossed the resistance line.
Pullback also worked.
Buy 48.50 Tg 50/52/54
Highest Put OI + Lower range is 47.50.
Long above 49.15, Sl PDL
PDL = 48
If gap up or down, follow 5m ORB.
Buy if it breaks PDH