NIACL trade ideas
NEW iNDIA Assurance - Peeking OutNIACL after weeks within the zone below 200 EMA is finally peeking out of the 200 EMA . If this weeks closure above 135, it looks good for investment. Keep in the watchlist.
NIACL - Weeks of Struggle (NR7 Weeks)For 7 weeks in a row Price is in a range and contraction. This contraction should result in expansion hopefully in coming week.
Must Watch out it is a rare formation. May Catch a good trade.
"Always Respect Risk and Protect Your Reward"
Happy Trading!!
The New India Assurance - Is it in the Ascending Triangle..NIACL... Looks like a long asending triangle in the making. The yellow zone is the strong support zone for accumulation. Holding 145 is crucial. Has some fundamental reasons for buying too... !. Let us see how this plays out. Disc: Invested from 142...!
