Dear Traders, This scrip has been Chosen For Short Term pick as it has formed a Good Pattern. So Traders Keep this scrip on your radar to catch the Momentum. Thanks to All .
closed above 200 DMA 221.99 with increased volume. debt free company.
BUY - NOCIL LTD CMP - Rs. 222 Target - 1: Rs. 290 Target - 2: Rs. 325 Target - 3: Rs. 380 . . Technicals - Bullish Flag BO. Triangle BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
Use dip to enter the trade. SL can be maintained below the Breakout candle.
NSE:NOCIL viewpoint should do well above 235-240 levels. weekly close above 240 is awaited taken small position here, as i think this one will do better in coming months cmp is 224 patience needed as it is a slow moving stock. this analysis is for knowledge sharing and educational purpose . this post is not a buy or sell recommendation.
This Stocks is showing Following criteria for being in watchlist. 1. Higher Trade and Delivery Qty 2. Making Higher High from last 3 days 3. Relative strength is improving. once it closing and sustain above 0 it will be rocket.
Nocil is Ready to jump very soon right price to buy down side is very limited .
> NOCIL > Cmp - 229 > Good above trendline breakout > Good volume traded
Reason for short a) HSP set up b) bear flag set up c) vwap resistance SL compulsory
This stock is almost breakout its previous resistance and showing a flag and poll pattern also. So you can watch it for a bullish really. Thank you
CMP: 273 - Consolidated above 200ema for 3 months - Breaking out above 9 months base
NSE: NOCIL has consolidated after breakout a few days earlier and looking strong. Current volumes indicate consistent demand and should move to the next swing high in the coming days. The stock is moving in a tight uptrend channel and should continue to remain within the same. One can take entry now for a 8% to 12% gain on deployed capital in this swing...
NOCIL has moved above 30 Moving Average on weekly basis. There was a correction after breakout from Inverse Head and shoulder pattern
Nocil Ltd. Head & shoulder breakout. Bouncing from the support. CMP: 265 sl:218(wcb) target: 320/400 Note: educational post
IF Nocil gives BO than it gives 10 to 15 % return in short term Stoploss is Below 260 here is no any advice for buying or selling just only Educational purpose
A long position can be initiated right now, for a target of 315.