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.
AMAZING ROUNDING BOTTOM PATTERN ! AGAIN HIGH CONVICTION PICK ! NSE:NILKAMAL
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.
On Weekly chart analysis NILKAMAL showing strength. Once sustain above 1985 and weekly close it can move sharp up to 2350-2400 Levels.
Let's wait for a proper breakout with volume in the given setup of NILKAMAL
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.
everything in the chart itself
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...
Buy on daily close abv 2000 sl 1755 target 2650 Disc : it's not an investment advice to buy or sell
Buy on weekly close abv 2000 sl 1583 TGT 2600+ Disc : it's not an investment advice to buy or sell
Trendlines and levels are marked. Volumes are spiky and heavy too!!