Nalco - Harmonic Pattern Analysis and outlook

24 May

NATIONAL ALUMINIUM CO LTD: CMP- 183.84;

📉 Suggested Pattern:
- BAT harmonic pattern completion.
📊 Recent Price Action:
- Shares of National Aluminium Company Limited closed below the previous closing price.
- Formation of a Lower Low, reinforcing bearish sentiment.
📈 Forecast:
- Potential Downside Target: ₹166.
- Expected Consolidation Range: ₹150-₹160.
🔍 Key Observations:
- The bearish trend suggests a continuation of the decline in the coming days.
- Important to monitor price action and volume dynamics for further confirmation

24 May

İşlem elle kapatılmış

Published on wrong page so closing this and out of place idea and reposting the same at Nalco's page. Please find the link below