Stock of the day : National Aluminium Company Ltd by Target Rs. 238 - Religare Broking Ltd
National Aluminium Company Ltd
Buy National Aluminium Company Ltd CMP 223.62 Range 222-224 SL 215 Target 238
* NATIONALUM exhibits a robust bullish structure, characterized by sustained upward momentum and the formation of higher highs and higher lows.
* The price remains firmly above key moving averages (50, 100 and 200 day DEMAs), reinforcing trend strength.
* Trading within a well-defined rising channel, the stock shows solid support levels accompanied by increased trading volumes, indicating strong buying interest.
* Traders may consider long positions near established supports, employing disciplined risk management to optimize entries.
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SEBI Registration number is INZ000174330
