NATIONAL ALUMINIUM (NALCO) – STRONG INVESTMENT OPPORTUNITY FORM

🟦 NATIONAL ALUMINIUM (NALCO) – STRONG INVESTMENT OPPORTUNITY FORMING
NALCO has given a clean rounding bottom breakout last week, supported by a weekly gap-up — a strong sign of institutional accumulation.
Now the stock is pulling back, which can act as a healthy retest.
Weekly gaps sustaining usually indicate a bigger breakout in the making.
📊 Technical Snapshot:
• Rounding Bottom Breakout on weekly chart
• Weekly Gap signalling strength
• Current dip = possible retest
• Structure bullish as long as price remains above key support
• Major confirmation: Sustain above ₹285
💰 Positional Plan:
• CMP: ₹252
• Stop Loss: ₹225
• Target: ₹387 (rounding bottom pattern target)
⚠️ Clarification:
This is an independent analysis based purely on technical & market study.
Religare Broking Limited is not involved in this view or recommendation.
📝 Important:
Not responsible for any profit or loss. No fees are charged — purely educational.
📉 Disclaimer: Not SEBI-registered. Please do your own research.
NALCO has given a clean rounding bottom breakout last week, supported by a weekly gap-up — a strong sign of institutional accumulation.
Now the stock is pulling back, which can act as a healthy retest.
Weekly gaps sustaining usually indicate a bigger breakout in the making.
📊 Technical Snapshot:
• Rounding Bottom Breakout on weekly chart
• Weekly Gap signalling strength
• Current dip = possible retest
• Structure bullish as long as price remains above key support
• Major confirmation: Sustain above ₹285
💰 Positional Plan:
• CMP: ₹252
• Stop Loss: ₹225
• Target: ₹387 (rounding bottom pattern target)
⚠️ Clarification:
This is an independent analysis based purely on technical & market study.
Religare Broking Limited is not involved in this view or recommendation.
📝 Important:
Not responsible for any profit or loss. No fees are charged — purely educational.
📉 Disclaimer: Not SEBI-registered. Please do your own research.
עסקה פעילה
📲 NALCO – Trade Update | Target Hit ✅🎯 Target ₹300 achieved
Stock has moved up to ₹314, confirming the rounding bottom breakout.
🛑 Action Now:
• Book partial profits
• Trail remaining quantity (protect gains)
• Next zones to watch: ₹335 → ₹380+
🧠 Takeaway:
Clean structure + sector tailwind = steady follow-through.
Jo account mein aaya, wo apna.
הערה
National Aluminium Company Limited📲 NALCO – Trade Update 🚀
🔥 NALCO reached ~₹350
That’s ~39% return from the original setup ✅
📈 What this confirms:
• Rounding bottom breakout played out cleanly
• Positional structure delivering with time
• Sector tailwind supporting continuation
🛑 Action:
• Book profits as per plan
• Trail remaining quantity
• Jo account mein aaya, wo apna
🧠 Lesson:
Slow structures + patience = big returns.
No chase, no noise — just process.
עסקה סגורה: היעד הושג
📌 Update• 14 Jan: Stock touched ₹374
• Trade closed near target as structure played out
• CMP now: ₹365
📊 Reason for Exit
• Rounding bottom target almost achieved
• Weekly gap + breakout momentum delivered
• Risk–reward optimized by booking near target
👏 Key Takeaway:
Booking profits near targets is also discipline, not missed opportunity.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.