NILAKAMAL IS BREAKOUT OUT OF RANGE AND STRONG UPMOVE IS VERY MUCH LIKELY WAIT FOR 1245 LEVELS TO ENTER FOR TARGETS OF 1350 AND 1490 STOPLOSS 1130 EVEN IN SHORTER TIME FRAME ITS GIVING A FLAG BREAKOUT LONG TERM TARGET IS OF 1950 DO LIKE AND FOLLOW IF U AGREE WITH THE IDEA!!
Buy @1411 for target @1961 in long term. Its just for study purpose no buying recommendation, Please study yourself also before buy and sell
Inverse H&S breakout in daily & weekly charts. Bulls should back the price for the target of 1650/1800 with a reversal below 1220.
Breakout from Bearish Channel in Nilkamal with good volume. Can be a good positional trade with 1:1 Risk Reward ratio.
Bullish Bat pattern on 4H Chart of NILKAMAL. BUY 1109-1110, SL 1084.9, Target(s) - 1130, 1140.
Buy Nilkamal with a SL of 1200 and a target of 1480. Suggest to buy on a dip for a better Risk-Reward. Short Term. RSI shows a change in trend and has shown a reversal from the oversold region. Adjust trading volumes as per entry price. Disclaimer : All investments involve risk, and the past performance of a security, industry, sector, market, financial...
Immediate support is at 1200, intermediate support 1150, strong long term support at 1100. Immediate resistance at 1410, if it is crossed and it turns bullish, Very strong resistance is at 1800.
BUY THE DROPS AND CONSOLIDATE. BLUE ZONE IS IDEAL SHORT TERM BUY LEVEL AND GREEN AS NEAR TERM TARGETS ALL THE BEST!
NSE:NILKAMAL is trading at make/break level, either it will bounce back and go towards 1650/1700++ levels, else if breakdown can see 1400/1300/- levels.
Nilkamal: ₹ 1564 is currently near long term trend line support, next resistance: ₹1850 On crossing the resistance it can find new heights. Stop Loss: ₹1488 Market Cap.: ₹ 2,333.8 Cr. Current Price: ₹ 1,564.20 Book Value: ₹ 482 Stock PE: 21.4 Dividend Yield: 0.70% Face Value: ₹ 10. Return on capital employed: 24.77% EPS: ₹ 73.16 Expected quarterly EPS: ₹ 26.23...
Nilkamal is moving up but the way it broke resistance to move up does not give us any idea about upside is weak or strong. Whenever such condition occurs it is always safe to assume upside is weak. If you have buy position on Nilkamal Start Trailing SL. Start Trailing from 1470.