NLC VLC Pattern is forming and nearly 3RD phase of breakout on the hourly chart. Volatality decreased with increasing of price and decreased in volume and making HH-HL. BUY ABOVE 118 SL 116 TGT 120-122-125
NLC INDIA is taking support from the trendline and moving up with HH HL formation. CMP - 78 Target - 88.30/98 SL - 74 Markets are super volatile and tricky, smaller positions. Study the stock & Trade Responsibly.
Nlc india-On the verge of breakout of 12 yrs of resistance & 5 yrs of cup pattern above 118-120.. Buy above 118-120 daily closing basis Initial sl -106 ( trail sl once it close above 133) Tgt 133-160-200-235 ( minimum holding period 3-12 months for last tgt)..
NLCINDIA Parallel channel breakout on Weekly Timeframe and Cup and handle breakout on Daily TimeFrame . Target 1 = 103.30 Target 2 = 107.75 Target 3 = 111.95 Stop loss = 92.60
NLC India Rounding Bounding pattern breakout @ 95.50 Stoploss @ 89 Target @ 121 Risk reward 1:6
A deep cup of 26 % correction is completed, wait for correction till 88 for entry for major targets of 122 and beyond
If sustains above 95 then 120 is possible in near term & place the stoploss at today's day low
This stock slowly breaking high and until this break lower low can make little profit journey
NLCINDIA looking good for swing trade with SL@82, TGT1 : 88.75, TGT2 : 92.40 Note : It's your hard earned money always trade with SL, I'm just sharing my analysis
#nlcindia >> Swing Trade >> Trendline breakout & Inverse Head & Shoulder pattern >> Good Volume & Good Strength in stock >> Good Risk Reward : 1:1(trg - 87) &1:2 (trgt - 92) >> Book profits at 5-10% fully or partially & keep trailling. Keep liking and sharing & Following @moneyfesttrading for more learning
NLC INDIA buy above high of last doji candle formed,as the stock is on support +breakout+doji on support with 1:2 minimum target note this trade is valid only if it crosses high next day
Breakout on the stock Can look for an upside move Target 85/88 Stop loss 80 I am just representing my views. For educational purpose only.
nlc india limited near to suport zone near to suport zone i think ofrer 15 - 20 days it will bullish near to support zone am using simple trean line analasis. the stock is up treand . my alalysis only weekly time frame.
NLC On weekly charts 91 is a critical resistance for the stock need to sustain above 91 for few days for fresh upmove. If already bought can keep the SL below small support zones around 83 levels.
NLC india has visited this level earlier but failed to close. levels are marked. monthly closing would be interesting and above ATH it would move fast. Q3+Q4 usually has increase in power requirement so numbers should be interesting as well. Disc : not invested and sl ideally should be 79
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking profit for 1% - 2% For long-term trades look out for resistance drawn above closing
Checkout this trade opportunity. Possibility of 100% Gains.
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions Dec 08 2022