🚀 Stock Alert: NML
📈 Investment View: Technically Bullish 📈
🔍 Quick Info:
📈 Buy Level: 66
🎯 First Target: 70
🎯 Second Target: 73
⚠ Stop Loss: 62.50
⏳ Nature of Trade: Mid Term
📉 Risk Level: Medium
☪ Shariah Compliant: YES
💰 Dividend Paying: YES
📰 Technical View: Presently, NML has retracted from its upward trend line, culminating in a closing price of 66.07 in the preceding trading session. It is prudent to contemplate a retracement from its support range spanning from 65 to 66. The initial barrier is foreseen around 70, accompanied by a secondary hurdle envisaged at 73. In order to mitigate risk exposure, it is advisable to institute a stop-loss strategy below the breach of the trend line at 62.50.
📈 Investment View: Technically Bullish 📈
🔍 Quick Info:
📈 Buy Level: 66
🎯 First Target: 70
🎯 Second Target: 73
⚠ Stop Loss: 62.50
⏳ Nature of Trade: Mid Term
📉 Risk Level: Medium
☪ Shariah Compliant: YES
💰 Dividend Paying: YES
📰 Technical View: Presently, NML has retracted from its upward trend line, culminating in a closing price of 66.07 in the preceding trading session. It is prudent to contemplate a retracement from its support range spanning from 65 to 66. The initial barrier is foreseen around 70, accompanied by a secondary hurdle envisaged at 73. In order to mitigate risk exposure, it is advisable to institute a stop-loss strategy below the breach of the trend line at 62.50.
Comment:
Based on technical analysis indicators such as trend-lines, RSI, and moving averages, NML shows potential for a bullish movement.
Trade active
Comment:
NML first target achieved 🚀🚀
Trade active