A very small range breakout in nilkamal can be seen. horizontal levels marked are to be noticed, buy only if the price closes above those lines i.e 2680. stoploss can be kept at 2550 on closing basis. targets are marked on the screen.
Stock has recently started showing strength against BSE SMALL Cap index and may be approaching previous created resistance soon. Breakout can take prices to new highs.
Nilkamal has given breakout with high volume. it has break 2017 high. can see it for long target. possible target 3300. Education purpose. Happy trading.
NILKAMAL LTD is seen edging at all time high levels. A formation of higher high and higher low is on the chart. A possible breakout likely to take stock price at all time high, forming a new higher high on the price chart. Just a remainder here is that this breakout should be accompanied with rising volumes. Keep on radar
Good evening friends while doing analysis of the above stock find something interesting at the level of 2275-2300 please watch video for the details
It is our opinion in the video only no tip or recommendations are there.
Regards.
Buy Nilkamal above 1885 for the target price of 2075 & 2200 with the SL 1775. Good risk to reward trade. Stock in uptrend forming higher highs & lower highs. This is for pure educational ideas.
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
DAILY SWING CALL // Monday 8th of February 2021 / NSE:NILKAMAL
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 1567
TARGET: 1800 (15% Around)
STOP...
Nilkamal Ltd. is a holding company, which engages in the manufacture and sale of plastic crates and moulded furniture. It operates through the following segments: Plastics & Lifestyle Furniture and Furnishings & Accessories. The company was founded by Vamanrai Vrajlal Parekh and Sharad Vrajlal Parekh on December 5, 1985 and is headquartered in Mumbai, India.
NSE
