NIACLRED HORIZONTAL LINES indicate the resistance and the GREEN HORIZONTAL LINES indicate the support level.
NIACL trade ideas
The New India Assurance Company Limited - Just a view 📊 Script: NIACL (THE NEW INDIA ASSURANCE COMPANY LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY FINANCIAL SERVICES
📊 Sector: Financial Services
📊 Industry: General Insurance
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Already Crossover in Double Moving Averages.
📈 Volume is increasing along with price.
These are positive factors for long on NIACL BUT in RSI script is facing hurdle at 70 level shown in chart. once script crosses hurdle level 70 and all the positive confirmation with all indicators then only one can go for Swing Trade.
BUY ONLY ABOVE RSI 70 LEVEL.
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Exited NIACL at 16% Return.. to enter a new Stock!This stock is still stable but it is stuck in a range.
I will definitely re-enter after a convincing close above 180.
New stock is ICICI Bank, as a fast mover among Financial Sector. (Sharing in a new post)
New india assurance company ltd (NIACL) LONGBuy NIACL
Showing good move with volume
Tgts and levels --- SL as given on the charts
Please do analyse yourself also on charts. It is for educational purpose only. Must consult your financial advisor before investing.
Analysis on THE NEW INDIA ASSURANCEThe new india assurance has crossed the MA80 today and good to buy for 1-2 months .
NIACL is on symantric candle watch can give breakout or breakdowNIACL is on symantric candle watch can give breakout or breakdow
NIACL: Rounding bottom patternSl - 157
In this trending market most of the stocks are making this rounding bottom pattern.
But the IMP thing is when to take entry and perfect SL.
Everyone must have found out this pattern but the entry is most IMP thing which comes with experience so keep Learning.
Queries in comment section.
NIACL: Looks profitable for long termHead & Shoulder Pattern Formed on weekly chart.
It's looking good for long term since volume is too high.
If it breaks above 180 then 1st target short term 197 .
Long term target 234, 280
It's just suggestion based on my study.
NIACLNEW INDIA ASSURANCE COMPANY LIMITED-The stock has violated the trend line on daily chart, however the stock can face a resistance around 117 a 200 dema, so once it will cross and sustain over 200 dema, dual RS is also near 0 line so once it will cross 0 line then the move will be sustainable, first target should be 135.
Fresh weekly tradeline breakout !Looking bullish and volume increasing day by day and also in uptrend in daily timeframe so if you can add some quantities now and some on retest !!
Weekly tradeline breakoutI am seeing bullishness in this now !! It just an idea if you want you can add for short-term Target !!
NIACL - Finally Peeking out 200 MANIACL - Finally it is coming out of 200 MA. Volume is good, but would observe till it crosses 126-130!.
Disc : Not a SEBI Registered. I post chart for my own studies.
