Using AO MACD MA/EMA combinationUsing AO MACD MA/EMA combination with session break in best way, it's working best in trend ( down or up). 1st find trend with MA/EMA, for intraday you can take 5 min. time range and test with hourly chart. You can confirm buy or sell with MACD AND AO.
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NATIONALUM trade ideas
NATIONALUM - Monthly & Weekly chart analysis - Swing TradeThe stock price is analysed purely based on Price action & Popular chart patterns.
Analysis is done both on Monthly as well as on Weekly Time frame. It may take the stock price few weeks to months to reach potential targets
Analysis is shared through below images.
Monthly Chart - Falling Wedge
Weekly Chart - Darvas Box
Weekly Chart - Bull Flag
Traders should do their own study before entering into any trade.
Also checkout my other ideas based on similar setups and their results (ideas linked below)
Feel free to comment for any suggestion or query.
Good for Long view· Market Cap₹ 9,872 Cr.
· High / Low₹ 64.0 / 26.6 Current Price₹ 53.8
· ROCE2.23 % ROE1.33 %
· Dividend Yield4.65 % Debt to equity0.00
· Industry PE15.5 Stock P/E21.3
· Promoter holding51.5 % Pledged percentage0.00 %
· Return over 1year92.3 % ROE 3Yr8.24 % ROE 5Yr7.17 %
Current Resistance @ 63 Trend Positive
Target - First 78 Target - Second 95
Support 47