Okay, This one is #requested by @sakshisehrawat4192
The chart should tell you everything you need to know. But again, for those who like to read our analysis, Here are a few easy pointers:
- The script is Forming an ascending triangle on a shorter time length
- The ultimate resistance trendline stands strong since 2018
- It is nearing a crucial resistance...
As per my analysis, NSE:NIACL has more potential for upside. Best level to take entry is breakout of 290.50 with stop loss of 275 (-14.50 points risk). Upside level would be 312 (+22.50) & 340 (+50.50). This could be low risk and high reward idea.
Note: This is my personal analysis, only to learn stock market behavior. Kindly do your own analysis to take any...
the New India Assurance Company Limited (NIACL) currently presents a compelling swing buying prospect.
Reasons are listed below :
After multiple tests in the 250-260 zone, NIACL has successfully breached this critical level, signaling a potential shift in momentum.
A bullish marubozu candle on the daily timeframe emphasizes the strength of the upward...
After an impulse movement on the upside, the stock consolidated for a while. Support levels look good below 220. With good volume support, NIACL can resume uptrend.
Entry - Above 248
SL -215
Tgt - 352
2.5 YEARS OF DOWNTREND BREAKOUT HAPPENED ON 22nd Aug 2023
But i suggested this stock on 6th Nov 2023 at 140 level
Entered at 140
Targets - 155,180,200+
ALL 3 TARGETS DONE WITH IN JUST 15 DAYS ONLY 💥🚀💹 & GIVEN 120 POINTS (85%) IN JUST 20 DAYS...... SKY ROCKING STOCK FROM MY WATCHLIST
CMP - 210.35
Re-entry possible at 200 level... if falls again than average...
💥New India Assurance💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-164
Breakout Price-164
Stoploss-132
Targets-238-299-312
RT for max reach
#NewIndia #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
📊 Stock Breakout Analysis 🚀
Remarkable: A breakout from a 5-year resistance channel has occurred.
Presently at 140, but anticipation of a retest within the range of 120 to 126.
Notable Targets:
🎯 Upper Levels: 165-178 & 222-234.
Anticipated timeline: 12-14 months.
Caution: View becomes invalid if a weekly closing basis dips below 113.
NIACL PSU SECTOR BOTTOM BUYING RISE REWARD IS VERFY GOOD. TIME IN LONG TERM 2-5 YEAR
NIACL I stock price are very very attractive for a volume action the big big player in entry and accumulate this is stocks for a bottom.
1. other one is the chart pattern (W) Double bottom and harmonic XABCD pattern this all parameter also the stocks are very very bullish and...
From listing its going down ...... but now looking like it coming out of the slopping downward channel...... sl should be maintained current candles low and can be pre ampt
swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
The stock of the NIACL is to take a long entry after the Bo of the marked TL above 110 for the next target of 125-130 with an SL of 98. Stock is at trading a Highly conflux area. BO of the TL will confirm the trend change in the stock & high probability to move from the area. This is for your educational purpose only.
