NATIONALUM QUARTERLY CHARTNationalum post a massive move, has retested the falling trend line, qualifying it for a BUY at current levels & on dips for a positional target of 138 levels.
NATIONALUM trade ideas
💥National Aluminium💥-Nice Breakout💥National Aluminium💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-116-117
Breakout Price-116
Stoploss-93
Targets-159-301
RT for max reach
#nationalalum #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
swing buystock strong structure formed
go long
NALCO has the largest integrated alumina-aluminium complex of Asia. Its integrated operations cover the entire aluminium production value chain from mining bauxite, refining alumina, smelting aluminium, captive power generation to a strong logistic network.
NATIONALUM
NSE:NATIONALUM
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
NationalumGive Breakout and retested Successfully, can enter at this point and put SL at 94.15, candle low and Target at 106.40, Battern High
NATIONAL ALUMINUMA symmetric triangle breakout in daily TF with good volumes. More upside rally possible in coming days
national aluminium bullish national aluminium shorterm gain possible cp 94 target 102.10
technical breakout possible above 95.25 super bullish should come soon holding period should be 7 days and fundamentally also good
Nalco in bull modeNalco formed a symmetrical triangle breakout.
In coming weeks we can see a further 6.7 % to 15% move
Buy once it close above 101 on hourly basis
Keep stop loss as 94.5
National Aluminum - Elliott Wave CountNational Aluminum - Elliott Wave Count
markets seem to have completed the correction and soon will start a new upward impulse wave with a target of 100 and above. However, if the market drops below 85, this view is invalid.
Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading.
NSE:NATIONALUM NSE:NATIONALUM1! BSE:NATIONALUM BSE:NALC1!
28% UPSIDE POTENTIAL IN NATIONALUMBreakout of crucial resistance in NATIONAL ALUMINIUM.
Wait for retest at the marked level to take it to the upside.
Target - 125
Nalco LongNALCO was in consolidation for 1 year and has given weekly breakout
buy 81.5
SL 79
target 97
NATIONALUM: Ascending Traingle Metal Index is expected to do better as the Dollar index is below 100.
NATIONAL ALUMINUM has given a breakout after good consolidation. can be entered till 87. SL at 83.5. can go upto 95/99
Resistance Breakout - NALCOPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
NALCO Bullish setup can go up to 115nalco having good breakout with long consolidation...best buy at market price sell at 115.
but a low risk slow moving stock
national aluminum ascending triangle breakout buy@ 89 target national aluminum ascending triangle breakout
buy@ 89 target 93.80, 94.80, 96.20
risk reward 1.5
its just a view trade at your own risk
sl@84.80
National Aluminium LtdSmall cap stock National Aluminiumm is moving Up side.
at good Levels, BO in weekly TF, also good in daily TF, its just my view
sharing with you. No Buying recommendations.
Thank you
NATIONAL ALUMINUMDISCLAIMER
it's just my technical view. I'M NOT A SEBI REGISTERED ANALYST. Before taking trade or Invest consult your financial advisor.
✅Here we provide TECHNICAL Levels and Charts.💯
✅This channel is for educational and self analysis purposes only!
National AluminiumNational Aluminium has given a breakout in the daily and weekly time frame with good volumes after its fell on June 2022. Short term target will be 92.8 its previous high. SL - 84.45.
Not an investment advice. Do your own analysis.
#Nalco - Reversal and uptrend#NALCO - Looking strong and just broke the yearly resistance of 86.75. Short Term (weekly)- consolidation might occur in 89 - 92 zone, break of 92 will lead to a strong momentum in medium term.
Resistances - 92.10 - 95 - 101.2 (Strong)- 108.65 - 122.85 - 133
Support - 86.75 (Strong) - 79.40 - 76.30- 67.30
NALCO - SWING TRADE FOR NEXT WEEKAfter a very long consolidation in a form of Ascending Triangle a good breakout is there with a good volume .
Breakout happend.Breakout happend in this stock.
Keep your risk and reward ratio according to your preferance.
This is for educational purpose. Do your own research before investing.
