NAM_INDIA is the largest player in asset management services in Bharat. The current level of the stock is a strong resistance. If broken it will give good returns in both short term and long term as mutual fund industry is growing at bullet speed in India. Some important points, it should be bought now are:- 1) Current PE ratio is 23.4 while lifetime median PE...
After being 45% down from 460 to 250 Plan - Consider to Buy above 325 - and/ or Rejections near 250 PB 5x PE 24x ROCE 30 DivYld 4%
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go. . NAM_INDIA has given "Break Of Structure" on daily and in 15 min it is at "Daily Resistance Area" and it is making "Descending triangle". On Breakout we could see downside continuation movement. Thank You !
NAM India tried to breakout on weekly chart but it may need more strength or consolidation before it takes out 318
1. Currently on daily time frame trendline 2. taking support RSI 40 4hr time frame 3. making triangle can go long from breakout or at the demand zone with swing low sl