Stock of the day - Nippon Life India Asset Management Limited Target Rs. 1300

2026-08-20 10:50:20 am | Source: Religare Broking Ltd

Stock of the day - Nippon Life India Asset Management Limited Target Rs. 1300 - Religare Broking Ltd

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Nippon Life India Asset Management Limited

Buy Nippon Life India Asset Management Limited CMP (Rs) 1217 Range* 1212-1218 SL 1170 Target 1300

* NAM-INDIA continues to exhibit a strong bullish structure, characterized by sustained higher highs and higher lows on the daily chart.

* The stock remains comfortably above its rising 20 & 50 DEMA following an upside breakout from the declining trendline, confirming improving trend strength.

* The breakout, accompanied by strengthening volumes, reinforces the probability of further bullish continuation.

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

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Stock of the day - Nippon Life India Asset Management Limited Target Rs. 1300 - Religare Broking Ltd

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