🚀 Stock Alert: NML
📈 Investment View: Technically Bullish 📈
🔍 Quick Info:
📈 Buy Level: 66
🎯 First Target: 70
🎯 Second Target: 73
⚠ Stop Loss: 62.50
⏳ Nature of Trade: Mid Term
📉 Risk Level: Medium
☪ Shariah Compliant: YES
💰 Dividend Paying: YES
📰 Technical View: Presently, NML has retracted from its upward trend line, culminating in a closing price of 66.07 in the preceding trading session. It is prudent to contemplate a retracement from its support range spanning from 65 to 66. The initial barrier is foreseen around 70, accompanied by a secondary hurdle envisaged at 73. In order to mitigate risk exposure, it is advisable to institute a stop-loss strategy below the breach of the trend line at 62.50.
📈 Investment View: Technically Bullish 📈
🔍 Quick Info:
📈 Buy Level: 66
🎯 First Target: 70
🎯 Second Target: 73
⚠ Stop Loss: 62.50
⏳ Nature of Trade: Mid Term
📉 Risk Level: Medium
☪ Shariah Compliant: YES
💰 Dividend Paying: YES
📰 Technical View: Presently, NML has retracted from its upward trend line, culminating in a closing price of 66.07 in the preceding trading session. It is prudent to contemplate a retracement from its support range spanning from 65 to 66. The initial barrier is foreseen around 70, accompanied by a secondary hurdle envisaged at 73. In order to mitigate risk exposure, it is advisable to institute a stop-loss strategy below the breach of the trend line at 62.50.
Note
Based on technical analysis indicators such as trend-lines, RSI, and moving averages, NML shows potential for a bullish movement.Trade active
Note
NML first target achieved 🚀🚀Trade active
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.