self explanatory. there might be some consolidation. anything close abv 62 can take further move till 74
The stock price is analysed purely based on Price action & Popular chart patterns. Analysis is done both on Monthly as well as on Weekly Time frame. It may take the stock price few weeks to months to reach potential targets Analysis is shared through below images. Monthly Chart - Falling Wedge Weekly Chart - Darvas Box Weekly Chart - Bull Flag ...
· Market Cap₹ 9,872 Cr. · High / Low₹ 64.0 / 26.6 Current Price₹ 53.8 · ROCE2.23 % ROE1.33 % · Dividend Yield4.65 % Debt to equity0.00 · Industry PE15.5 Stock P/E21.3 · Promoter holding51.5 % Pledged percentage0.00 % · Return over 1year92.3 % ROE 3Yr8.24 % ROE...
Nalco can give a breakout either way depending on the volumes.
NATIONALUM seems like it is hitting roof. It is consistent with completion of 5th Elliott impulse and strong resistance. I am expecting short. Let's see how it goes .
NATIONALUM -- just crossed trend line -- if continue the momentum and sustaining above 52-- will test next targets - Next targets - 57 - 62 - 68 Trade carefully
FOR OBSERVATION ONLY.......... I GUESS WILL TAKE SUPPORT
Double bottom will lead National Aluminium to retest its ATH
view is personal, intraday tip for 13 jan 21, buy NALCO with a target of 2 to 3 %, keep SL of 1%
MUKANDLTD RSI Bearish Divergence
Classic cup and handle breakout in NSE:NATIONALUM .
national aluminum brk trend line cmp 41 1st target 47
NALCO - Blue line was an earlier thought process of CnH , now shifted to a probable Red line...! Let us see...!. Also note how beautiful AD Line indicated topping out divergence. DISC: Not a SEBI Registered. I post charts for my own study.
National Almunium NALCO big move expected Head and Shoulder Pattern refer image it is self explanatory expecting level below 30 in coming days if market in not news driven