looking bullish ..commodity stock looking good at that time. Idea in future price is appreciate as per market demand..
NATIONALUM trade ideas
National aluminium (nalco)National aluminium looks good for a reversal trade made a good hammer pattern
Can buy at current levels
Keep sl below support level
Tgt 80
Ask your financial advisor before taking any action based on my view
Only for educational purposes
National Aluminium Co Ltd NATIONALUMNational Aluminium Co Ltd NATIONALUM
waiting for 10% up movement
Triangle breakout.
VIEW ON NATIONALALUbuy nationalalu only above 75.30 with SL below 72.50 for target 83/96
any one who can take some risk can buy with SL below 69.50 and hold till 52 week high any panic is an buying opportunity in this stock
National almunium bullish for intraday Prince is above 20 EMA and making a cup n handle pattern and selling volume decreasing...
Classic Chart Pattern.CLEAR BREAKOUT FROM HEAD & SHOULDER TOP PATTERN. During formation volume is low, and on left shoulder volumes is above avg, which is perfect condition for this formation.
NATIONAL ALUMINIUMnalco is in good down trend and making continuation pattern of flag and pole looking for decent downside of 15-20% and sentiments are also supporting us
sweing trad first targate 98 and second target 106 stop loss 89 sewing trad first targate 98 and second target 106 stop loss 89
NATIONALUM - Neutral Symmetrical Contracting TriangleNATIONALUM - Neutral Symmetrical Contracting Triangle - 15 mins
TODAY'S NATIONALUM - Intraday - Reversal Falling WedgeNATIONALUM - 15 MIN - REVERSAL FALLING WEDGE
Today's chart pattern analysis - target achieved.
TP - 1.25 and SL - 0.60
NALCO - Bullish tradeMedium term bullish trade -
Stock is trading in upward channel.
Buy at CMP and accumulate on dips around 115-116,
Keep a stop loss of 109 on daily closing basis and
go long for immediate targets of 132 and 138.
Good luck.
NationAlumNalco is moving in channels at different support and resistance level. Once it breaks the channel with volume, a big move can be seen, until that enjoy the channel pattern.
NATIONAL ALUMINIUM Long! support seems to be good! wait for the previous high to break just to take a small trade
Double top / resistance This stock is facing resistance again at the top.
However price is not making lower lows and trendline also acting as support for the price.
Once the price breaks upper level a new high can be expected in this.
If trendline is broken for down side than fall can be expected in this.
Nits study on NationAlum chartThis is a purely technical analysis done by me with the best of my understanding. This is in no way a suggestion or recommendation for trading.
National Aluminium India Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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Nalco - bullish tradeStock is continuously trading in a upward channel, again look support from the channel trend line. You can go long at cmp, keep a sl below trend line on closing basis, which could be 112 or 110 to be on the safer side and play the market volatility. Possible target is 132 and above. Happy trading.
Good luck.
