Research_Wings

LONG TERM BUY - NH

NSE:NH   NARAYANA HRUDAYALA
WEEKLY MOVING AVERAGE

GREEN LINE IS 200 WEEKS MOVING AVERAGE OF CLOSE

BLUE LINE IS 200 WEEKS MOVING AVERAGE OF LOW

RED LINE IS 100 WEEKS MOVING AVERAGE OF CLOSE

CONDITION: GREEN LINE SHOULD BE ABOVE RED LINE AND PRICE SHOULD BE ABOVE GREEN LINE

BUY ONCE THE PRICE IS ABOVE GREEN LINE AND FULFILLS THE CONDITION.

TARGET 1 FOR TIME FRAME 1 YEAR= 2 X GREEN LINE VALUE WHEN PRICE CROSSED IT

TARGET 2 FOR TIME FRAME 3 YEARS= 3 X GREEN LINE VALUE WHEN PRICE CROSSED IT

TARGET 3 FOR TIME FRAME 5 YEARS= 5 X GREEN LINE VALUE WHEN PRICE CROSSED IT

TARGET 4 FOR TIME FRAME 10 YEARS= 10 X GREEN LINE VALUE WHEN PRICE CROSSED IT

STOP LOSS IS TRAILING TO BLUE LINE

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