20 EMA support Study Nelcast on weekly time frame This chart is only for educational purpose
# cup and holder breakout # monthly chart # target 175. SL 57.
As per Harmonic PRZ pattern, Nelcast may go further up till 166 within one month time
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 4% profit (In my observation, I found that most of the stocks reached 3% to 4% on weekly basis) Please consider these ideas for educational purposes.
Buy Nelcast Target for 160 For swing trading For more follow me.
take trade when nifty turns bullish swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
Stock is trading on support after a breakout from the range Fallen back to the support and has moved up This can be a good entry point.
CMP 104.05 | strong technical momentum | New 52 week high - Tracking for mid/long term - Bullish technical indicators *Not recommendation Nelcast is the Largest Jobbing Foundry in India for the manufacturing of Ductile & Grey Iron Castings. Products cater to the Global Automotive, Tractor, Construction, Mining, Railways and General Engineering sectors.
NALCAST - Rounding bottom Look at this gap This is probably the strongest Gap up that one can locate in a stock. The stock has potential to give multi fold returns here.
Buy Nelcast ltd (NLCA) Stoploss 72 on daily closing basis. Tgt 100 in 2 months Tgt 140 in 6 months
Weekly time frame channel Support, for learning purposes!
CMP-87 TARGET-101/109/120/140 STOP LOSS- 69.
Nelcast CMP - 62.55 Looking bullish in higher time frame. One can go for Swing / Short Term Trade setup with the following entry, exit & targets Buy at or Above 62.55 - 63.55 / Stop Loss - 60.30 Target 1 - 65 Target 2 - 67 Target 3 - 70 Disclaimer: This is my view and for educational purpose only.
Lets wait for the price to clear that selling zone. Interesting stock to include in the watchlist.