NLC India is in a flag pattern with a consolidation zone, so give an entry with appropriate Stop loss after the breakout from the zone
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry...
SL: Below Breakout Candle.
SWING TGT: Breakdown of 20MA on Hourly chart (on a daily close basis)
POSITIONAL TGTS: 70, 80, 84, 90, 111
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
Selling in Profit:
Sell earlier in the session when the prices are higher,...
📌 Levels are mentioned on chart for ❝Swing trading❞. NLC India Limited is a 'Navratna' government of India company in the fossil fuel mining sector in India and thermal power generation.
The stock has shown high volume along with the breakout from an important resistance level .
▣ Key Highlights:
➨ Time frame WEEKLY 𝓦
➨ resistance Breakout
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