1086. Long at current levels with SLpSe. 9
cmp<bv
debtfree org.
commodity
SL compulsory
holding period 2 days to 2 weeks.
NATIONALUM trade ideas
symmetrical triangleNational aluminium is trading within a converging symmetrical triangle , movement of price above it and close on daily charts above the the triangle would push the stock towards 60 rs
NALCO is a buy on dips till 52 for 70 and 90 Targets Fundamentally one of the most healthy company and dividend paying can see a breakout above 60 for 90 targets giving us 50% ++ gains in 6-7 months
Happy Investing !!!!
National AluminumPrice closed above previous 3 months high with almost double the average volume. Price crossed above 200 ema line with a positive divergence on RSI, standing above 60 indicating a bullish momentum.
Entry above 76
Stops at 73
Target 83.40
DNA STRATEGIES BUY 60.10 , SL 56.10DAILY FINANCIAL WISDOM: "You don't need to be a weatherman to see which way the wind is blowing..
