NATF LONG TRADENATF was trading within an ascending channel and recently rebounded from the channel's lower boundary. Simultaneously, it had been forming a Head & Shoulders pattern on the side, from which it has now broken out to the upside. Price action is also holding above the EMA-20. These three confluences—channel support, H&S breakout, and EMA-20 support—combined with favorable volume distribution, created a strong setup for a potential explosive continuation (ERC) move to the upside.
🚨 TECHNICAL BUY CALL – NATF🚨
BUY ZONE: 265-240 in three parts
📈 TP1 : Rs. 276
📈 TP2 : Rs. 289
📈 TP3 : Rs. 298
🛑 STOP LOSS: BELOW Rs. 228 (Daily Close)
📊 RISK-REWARD: 1:4.55
Caution: Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
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