NLC INDIA - Short termThe overall setup is of a Pennant/Flag.
A double bottom already made and MACD looking for a crossover signifies some momentum in the days ahead.
Markets are volatile. Keep a strict Trailing Stop loss.
NLCINDIA trade ideas
NLC India - Flag pattern, Bullish formationNLC India is in a flag pattern with a consolidation zone, so give an entry with appropriate Stop loss after the breakout from the zone
🔴DISCLAIMER
***** 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 after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
On the verge of breakout ✌✌✌Even though there is no strong candle closing one can keep on your radar to catch the breakout. So traders keep on your radar.
NLC INDIA-15 year consolidation breakout.
- stock forming in the ascending triangle pattern.
-Next level to watch 64/122/150 levels.
-Support is near 40 level on chart.
Possible BreakoutCan give possible breakout for target upto 80. Fundamentally sound in a better fundamental position then nmdc just wait for tha breakout to 3 digit rally. First target 80 if break 63.4 on cb
NLC India - Go Long Target 73.5-74NLC India Target 74 within few days , buy above 62 - 62.5 on closing
sl 58
--positional trade---
NLC INDIA - 1YR BREAKOUT WITH MASSIVE VOLUMES
SL: Below Breakout Candle.
TGT:
SWING TGT: Breakdown of 20MA on Hourly chart (on a daily close basis)
POSITIONAL TGTS: 70, 80, 84, 90, 111
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Bullish Marubozu candle appearsT1 :- 85, T2 :- 119, SL :- 51.
Also analyze on your own. Happy Trading
NLC indiaBreakout given after nice consolidation
Can wait for Little retracement
Positionally we can see75,86,93.
NLC India Buy on Dips, will touch All Time HIGH!NSE:NLCINDIA is a fresh new Breakout stock and near term target is Rs80+
MULTIYEAR BREAKOUT: Another PSU ready to fly ⚡️📌 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
☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!!
NLCINDIA Positional View !!!NLCINDIA : cmp:54.95
A cup & handle and inverted hammer kind of pattern has been formed in weekly & daily chart respectively.
Above 55.3 BO possible.
Possible TGT 59.8/63.3
Good volume and price action may be seen within 1-3 session. so keep on radar !!!
SL 50.5
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
NLC india - 1D chart, trading inside a trianglePlease keep a stric SL if u enter any trade. Kindly support if u find this useful
NLC INDIA ASCENDING TRIANGLE PATTERNNLC INDIA SETUP
1.FORMING AN ASCENDING TRIANGLE
2.CLOSING BELOW LOWER SUPPORT LINE WILL TRIGGER A SELL OFF
3.CLOSING ABOVE 52 WILL BE CONSIDERED AS A PATTERN FAILURE AND THE STOCK CAN ENTER IN A BULLISH MOMENTUM.
NLCINDIA :: Short Term BuyShort & Mid term Buy
Disclaimer: Buy Sell is your choice. No Recommendation.
Cheers!
Vikas Gupta
