NATIONALUM trade ideas
National aluminium company (NALCO) double bottom pattern NALCO double bottomed near fibonacci 50 and 61.8 levels ...took support there
we can observe good movement
NATIONALUM Buy for intraday tradingNATIONALUM Buy for intraday trading if stock break the given resistance level........
NATIONAL ALUMINIUM COMPANY LTD - SMA Crossover + Double Digit 📊 Script: NATIONALUM (NATIONAL ALUMINIUM COMPANY LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY METAL / NIFTY MIDCAP
📊 Sector: Commodities - Metals & Mining
📊 Industry: Non - Ferrous Metals - Aluminium
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is already giving crossover.
📈 Double Moving Averages also giving crossover.
📈 Volume is increasing along with price which is volume breakout.
📈 Current RSI is around 63.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 77.95
🟢 Target 🎯🏆 - 88
⚠️ Stoploss ☠️🚫 - 72
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
NATIONALUMNSE:NATIONALUM
WAIT in case of Huge GAP UP !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
NATIONAL ALUMINIUMRED HORIZONTAL LINES indicate the resistance and the GREEN HORIZONTAL LINES indicate the support level
looking bullish ..commodity stock looking good at that time. Idea in future price is appreciate as per market demand..
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.
