Stock of the day - National Aluminium Co Ltd Target Rs. 394

2026-08-04 11:30:34 am | Source: Religare Broking Ltd

Stock of the day - National Aluminium Co Ltd Target Rs. 394 - Religare Broking Ltd

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National Aluminium Co Ltd

Buy CMP (Rs) 369 Range* 366-369 SL Target 354 394

* NATIONALUM is exhibiting a constructive technical reversal after establishing a durable base, confirming a potential double-bottom formation.

* The stock has reclaimed its short-to-medium-term moving averages and surpassed the previous swing high, strengthening the trend structure.

* A higher-low formation followed by a decisive bullish breakout signals renewed buying interest and improving momentum.

* Investors may consider accumulating the stock within the recommended buying range

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Stock of the day - National Aluminium Co Ltd Target Rs. 394 - Religare Broking Ltd

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