Multiyear breakout in NLC India
Hello Traders,
Here is a long trade positional trade in NLC India. This trade can be a Risky one as stock has already given a massive run up but there is a cup and handle formation in the stock. Also the duration of holding this stock can vary between 2 years to 3 year so plan accordingly. This is a high risk High reward Stock. Targets can be 100 to 200 percent or maybe more if you can hold it for long time. Stoploss should be monthly closing basis i.e let the monthly candle close then make your decision.
Follow for more such ideas.
This is just my analysis no buy/sell call.
Here is a long trade positional trade in NLC India. This trade can be a Risky one as stock has already given a massive run up but there is a cup and handle formation in the stock. Also the duration of holding this stock can vary between 2 years to 3 year so plan accordingly. This is a high risk High reward Stock. Targets can be 100 to 200 percent or maybe more if you can hold it for long time. Stoploss should be monthly closing basis i.e let the monthly candle close then make your decision.
Follow for more such ideas.
This is just my analysis no buy/sell call.
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