Stock Technical indicators to notice in NATIONAL ALUMINIUM CO LTD (NATIONALU.NS)
1- Last bearish trend was from 59.25 $ (1/27/2012) to 55.75 $ (1/30/2012) a 3.50 $ move 2- The current bullish trend started from 55.75 $ at 1/30/2012 and is currently trading at 61.60 $.
NATIONAL ALUMINIUM CO LTD (NATIONALU.NS) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 55.750 and 54.150, and is currently supporting at 56.950.
NATIONAL ALUMINIUM CO LTD (NATIONALU.NS) Mid term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 54.150 and 48.500, and is currently supporting at 56.476.
NATIONAL ALUMINIUM CO LTD (NATIONALU.NS) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 67.100 and 92.150 that was broken up at 61.000 transforming into a supporting line.
Stock Trading Conclusion:
NATIONAL ALUMINIUM CO LTD (NATIONALU.NS) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : .
Stock Support levels : 60.22, 59.37, 58.67, 57.98, 56.95, 56.48, 55.75,.
Related Stocks
| NATIONAL STEEL & AGRO IND |
| Navin Fluorine Internatio |
| NAVNEET PUBLICATIONS LTD |
| Navneet Publications Ltd. |
| NCL Industries Limited |