National Aluminium (NALCO) – Rounding Bottom Breakout
National Aluminium (NALCO) – Rounding Bottom Breakout
CMP: 273
SL: 230
Targets: [300 / 335 / 380+]
NALCO is continuing its upward journey after forming a clear rounding bottom pattern and confirming a breakout from its base structure.
The structure is constructive but this is not a fast-moving setup.
It will take time to achieve targets, so the only way to benefit from this move is through:
✅ Patience
✅ Controlled position sizing
✅ Positional mindset
As long as price holds above the base zone, NALCO remains a bullish continuation candidate.
⚠️ Clarification:
This is an independent analysis based purely on technical and market study. No part of Religare is involved in this view or recommendation.
📝 Important:
I am not responsible for any loss or profit incurred. I am not taking any fees for these views – just sharing my analysis for educational and informational purposes.
📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before taking any investment decision.
CMP: 273
SL: 230
Targets: [300 / 335 / 380+]
NALCO is continuing its upward journey after forming a clear rounding bottom pattern and confirming a breakout from its base structure.
The structure is constructive but this is not a fast-moving setup.
It will take time to achieve targets, so the only way to benefit from this move is through:
✅ Patience
✅ Controlled position sizing
✅ Positional mindset
As long as price holds above the base zone, NALCO remains a bullish continuation candidate.
⚠️ Clarification:
This is an independent analysis based purely on technical and market study. No part of Religare is involved in this view or recommendation.
📝 Important:
I am not responsible for any loss or profit incurred. I am not taking any fees for these views – just sharing my analysis for educational and informational purposes.
📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before taking any investment decision.
Dagangan aktif
📲 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.
Nota
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.
Dagangan ditutup: sasaran tercapai
📌 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.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.