National aluminium is trading within a converging symmetrical triangle , movement of price above it and close on daily charts above the the triangle would push the stock towards 60 rs
Fundamentally one of the most healthy company and dividend paying can see a breakout above 60 for 90 targets giving us 50% ++ gains in 6-7 months
Happy Investing !!!!
Price closed above previous 3 months high with almost double the average volume. Price crossed above 200 ema line with a positive divergence on RSI, standing above 60 indicating a bullish momentum.
Entry above 76
Stops at 73
Target 83.40
