Fundamental Analysis 1. Amazing Book Value 2. Nearly Zero Debt 3. Attractive Dividend Yield 3.30%(Extra Return on Holding for just 1 Quarter) 4. ROE & ROCE is Fascinating above 10-15% 5. Underperformed Like other PSUs and blasted in 2022-23, This Year Metal Sector Will Blast and Nationalum Will be Outperformer of Market 6. Sector Leader with Hindalco 7. Consistent...
In national aluminum, we have seen a brief history level and expected moves. We have marked few levels for upward and downward move We have to mark 9 4.5 or 95 level For approved target of 100 with Stop loss of 91 If we crossover 102 with confirmation closing then we can see 112 and 115. This is only for informational and educational purpose only. Please do your...
National Aluminum - Elliott Wave Count markets seem to have completed the correction and soon will start a new upward impulse wave with a target of 100 and above. However, if the market drops below 85, this view is invalid. Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading. ...
National Aluminum (stock symbol: NATIONALUM) experienced a significant decline from its peak at 127, dropping down to 67. However, it found support at this level and formed a double bottom pattern, with the second low also at 67. Subsequently, the stock began a slight upward movement but has remained within a channel pattern since August 2022 until today, 29th...
Nationalum is broke it's resistance we can expect good momentum from here. Please wait for entry. And please watch price action
NALCO week chart strong support zone is 66 Strong Resistance zone is 88 Above 90 it can go bullish or if take rejection from here then wait for a good bearish pattern or candle for short