Nippon India Nippon India is seen following 6 week down trendline and we have fresh Trendline breakout above 680,
also stock is trading above 20, 50, 100 and 200 EMA.
Stock bounced back from 20 EMA on weekly time frame
This stock can hit all time high in 2-3 weeks as per my analysis. Looking for 810, then 925 in 5-6 months.
Stock is having strong support at 640.
This is not a buy recommandation.
NAM-INDIA
NIPPON LIFE INDIA ASSET MANAGEMENT LIMITED - CHART ANALYSIS📊 Script: NAM_INDIA (NIPPON LIFE INDIA ASSET MANAGEMENT LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: N/A
📊 Sector: Financial Services
📊 Industry: Asset Management Company
📈 There is crossover at MACD.
📈 Doble Moving Average Crossover.
📈 Trading at upper band of BB.
📈 Right now RSI is around 60.
✅ BUY ABOVE - 300
🟢 Target 🎯🏆 - 336
⚠️ Stoploss ☠️🚫 - 279
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.