Nalco tradingview

Strong Breakout. Supply and demand Zones. Breaking the Supply the stock is moving towards the Supply.

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Nalco tradingview

Nalco may have broken out convincingly for its big wave.. Keep an eye on this. If it gives breakout then next target will be Nalco gives a breakout after a very long period. So, I strongly believe that Nalco may give multibagger return in coming days Here are my Target , , NALCO recently broke it's all time high. It has been trading in the range since last 12 yrs. This time it has crossed the strong resistance zone. NALCO taking good support at 90s. It's a good bet for long term, you may study about this stock. Add on dips would be a better strategy.

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Buy with a price target of as per trend. Trend is positive and long term 3rd wave target minimum Investment Levels Bullish Levels - Above , then then strong level then then then to strong level above this you can expect then then Nationalum Breakout after 15 years looking strong for positional with huge volume looking for go all time high. Price pushing further ahead. Disclaimer: Intended for educational purpose only and it's not a buy or sell recommendation.

My Preferred picks are: Jsw steel, Nalco, jspl. We have seen in past how consolidation breakouts always give rocket moves. One such pre breakout consolidation trade is NALCO If this stock manages to sustain above , we will enter mad bull run in this stock. It is always safe to enter before breakout since we get an option to partially book and trail SL post breakout. Levels mentioned on chart. I hope you all Hello Friends, Here we had shared possible Elliott wave counts of National Aluminium chart, on daily time frame, which is clearly indicating that above

Nalco tradingview

National Aluminium Company NALCO was trading almost 4 percent higher on March 17 afternoon after days of consolidation and formed a long bullish candle on the daily charts. After a big bullish candlestick on March 1, the stock consolidated and remained sideways for 10 trading sessions. On March 1, it saw a breakout of downward sloping resistance trendline adjoining highs of January 19 and February The same trendline acted as a support in the previous 10 sessions. During the March 1 and March 17 period above average volumes were seen in most sessions.

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Can be added at CMP Stock near 52WK low in price bound range since June Levels mentioned on chart. I hope you all After a very long consolidation in a form of Ascending triangle a good breakout is there with a good volume. Nationalum Breakout after 15 years looking strong for positional Nationalum Breakout after 15 years looking strong for positional with huge volume looking for go all time high. Nationalum Breakout after 15 years looking strong for positional with huge volume looking for go all time high. Stop loss below alert Add on dips would be a better strategy. Depending on the exchange, the stock ticker may vary. Today 0. See all ideas. National Aluminium Long call. Note : 1. Key stats.

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Investments in stock market is subjected to market risk do own researches before investing. EN Get started. See all ideas. Predictions and analysis. I am waiting for a candle to complete above horizontal all time high line on weekly timeframe. This time it has crossed the strong resistance zone. Nationalum Breakout after 15 years looking strong for positional. This is for Educational purpose only. Nationalum analysis. Risk to reward is favourable. Price pushing further ahead. Stop loss below alert