NATIONAL ALUMINIUM CO LTD
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NALCO showing a formation of Head & Shoulders

216
NALCO is forming a head and shoulder pattern in hourly chart. From chart it seems it could not sustain above 47.55 its long term resistance. If it gives a breakdown it may fall to 44 level and then ultimately to its short term support of 41. View negated if it moves past resistance of 47.55.

Disclaimer: - These views are for educational purpose only and not a recommendation.
Not
Gave a breakdown today and volume is decent. Trade is active for 1st target of 43-44 and then 2nd target of 41.
Not
NALCO has reached its first target today

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.