NATIONALUM short !?NATIONALUM seems like it is hitting roof. It is consistent with completion of 5th Elliott impulse and strong resistance. I am expecting short. Let's see how it goes .
NATIONALUM trade ideas
NATIONALUM -- Long - if sustains above NATIONALUM -- just crossed trend line -- if continue the momentum and sustaining above 52--
will test next targets - Next targets - 57 - 62 - 68
Trade carefully
NALCOview is personal, intraday tip for 13 jan 21, buy NALCO with a target of 2 to 3 %, keep SL of 1%
NALCO - A Long Cup N Handle in ProgressNALCO - Blue line was an earlier thought process of CnH , now shifted to a probable Red line...! Let us see...!. Also note how beautiful AD Line indicated topping out divergence.
DISC: Not a SEBI Registered. I post charts for my own study.
National Almunium NALCO big move expected Head and Shoulder National Almunium NALCO big move expected Head and Shoulder Pattern refer image it is self explanatory expecting level below 30 in coming days if market in not news driven
NATIONAL ALUMINIUMIF IT CROSSES ABOVE 41, IT MIGHT HEAD UP WAY TO 44.5 46.5 48.5
ELSE RETURN TO 37.50
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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NAtional aluminium Triangle Breakout Target 37/38Adhering to the trend line and gave a breakout of the triangle on Daily TF
Stop loss of 32 on closing basis with a potential target of 37/38
Strong Resistance at 37/38 of 200Day EMA, this will be 4th time it will try to breach that level.
Will it break ? Lets wait and check it out !!
buy at this level with SL 31.20strong buy signal maintained SL 31.20 1 target 38.9 and 2 target 46.9
Positional Buy : Nationalum Nationalum is looking strong, options data also suggesting an upmove.
Breakout indicator suggesting strong upmove.
Buy with stops of 31
Buy National Aluminum for 33.6 35.45 37.7 40 42 44 SL 24Buy National Aluminum for
33.6 35.45 37.7 40 42 44
SL 24
Buy for a target of 34.5 with Sl at 30.A small trade you can do for Rs.2 profit per share, if market goes well.
