NALCO showing a formation of Head & ShouldersNALCO is forming a head and shoulder pattern in hourly chart. From chart it seems it could not sustain above 47.55 its long term resistance. If it gives a breakdown it may fall to 44 level and then ultimately to its short term support of 41. View negated if it moves past resistance of 47.55. Disclaimer: - These views are for educational purpose only and not a recommendation.Shortby db_super_chartistUpdated 221
Rejection from previous support trendlineRejection from previous support trendlineShortby Sathish4NiftyUpdated 0
National Aluminium - TL crossing - @mayurdharodNSE:NATIONALUM trying to break the trendline. Watch for momentum above 38Longby mayurdharod110
#NATIONALUM #NALCO close to 13 years breakoutMonthly close above 45 could result in a breakout with first upside target of 64 and next of 98. Monthly vols picking up sharply.Longby aditya19822
BreakoutWeekly diagonal breakout with high volume trading. Investor can target Target 1: 50.5 Target 1: 56.7Longby jayramanequitycall0
Long term stratergyReason for long -Considering commodity cycle for the upcoming year.. - A clean monthly break out .. - Past history shows it ideally trade between 25 to 100.. One should consider buying NalcoLongby Vijay_Agnel111
Nalco Multi Time frame AnalysisNalco is still under selling pressure.. Chart 1 is showing (Day Time Frame) - is showing inverted hammer which is representing huge selling pressure. Chart 2 and 3 is representing the reversal for downtrend.by Varthagam-Seivom1
Channel pattern breakoutlong term channel pattern breakout is here. Making the buy opportunity Buy around 37-40 targets around 60.Longby gagan7837112
NALCO ANALYSISNalco is majorly reached resistance zone.. Expected to down trend for upcoming days...Shortby Varthagam-Seivom111
Breakout Imminent after Current Consolidation Phase endsAfter a steep rally, stock has taken a breather and is trading in range-bound fashion, with lower volumes, signalling a low volume pullback. As preceding sentiment was bullish, can expect stock to reach higher levels above 44 - 46 - 50. SL should be kept at 41. Red Line shows bearish trend over past 2-3 years. Green shows long term support line. Light blue is current trend.Longby mildLeopard610270
NATIONALUM, Harmonic Pattern & Fib. Ratio (Investors).Two important fibs ratio for Gartley - XA retracement at 44 at 0.786. 1.618 CD projection at 46.25 . => 1.618AB = CD @55 ( investors ) The previous important level at 37 ( The price should not fall below it for long position) Note: Investors should wait for pullback to enter. ======================================================= Elliot Wave - Bottom is out? or new EW-Cycle. Let's compare Elliot Wave of HINDALCO: Longer & short TF - TimeCycle, NALCO. Fundamental & Hindalco of the % move > relative to NALCO. Longby Trade-TechniqueUpdated 31
National Aluminium consolidatingNational Aluminum seems to be consolidating. The preceding trend was a solid uptrend and the stock is likely to give a breakout on the upside. Keep on radar. Like and follow. NSE:NATIONALUMby sankatradesindia0
Elliot Wave - Bottom is out? or new EW-Cycle.A,B, and C corrective pattern is started or New Elliot Wave motive cycle is already started? Harmonic Patterns exist. We have to go lower timeframe for more clarity to determine tradable numbers. Let's compare Elliot Wave of HINDALCO: Longer & short TF - TimeCycle, NALCO. => Fundamental & Hindalco of the % move > relative to NALCO. by Trade-Technique23
Longer & short TF - TimeCycle, NALCO.Number-6 unit of the TimeCycle has been initiated which in up-direction for NALCO. This timeCycle middle time for complete up move is at 2022. Daily TimeCycle : Fundamental & Hindalco of the % move > relative to NALCO. by Trade-Technique6640
Fundamental & Hindalco of the % move > relative to NALCO.Weekly TF: The Hindalco of the % move , more in the calculation of NALCO(NSE:NATIONALUM). Nalco moves Supreme Court against Vedanta’s unit.by Trade-Technique1111
#national aluminium #weekly trendline breakoutbuy at 39 and buy more on dip near 36, target 45,50++ (3-6months) RSI> 60 sector looks ready for big move.Longby Bhushan_JainUpdated 1