NATIONAL ALUMINIUM CO LTD
Long
Updated

A multi year breakout ?

797
I am waiting for a candle to complete above horizontal all time high line on weekly timeframe. If it does it could give upto 8o% upward move. first target would be around intersection of slanting trendline.

Company backed by strong fundamentals. ROE and ROCE is good. face value 5.
(this my opinion, strictly for educatonsl purpose only )
Note
buying price 128
current 146

Target : 155, 185 and could be double
Note
It touched 165
trail stop loss
partially profit book

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