Nila Infrastructure making good base on monthly chart and looking good to break on upside..can see level of 14/18/22++...View valid till trendline is holded..#Pennystocks #cnbcawaaz #BREAKOUTSTOCKS #infra #StocksInFocus #StockMarketindia
NSE:NILAINFRA
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
BUY - NILA INFRASTRUCTURE
CMP - Rs. 7
Target - 1: Rs. 13
Target - 2: Rs. 17
SL - Rs. 5
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Timeframe - 3 months - 1.5 years
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Technicals - Trendline Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
in daily, it has given a breakout with good volume and crossed previous high.
Also BB is expanding with good volume after a long squeeze/consolidation.
with a sl -17.3, 1st tgt - 23.2
