National Aluminium โ Cup & Handle Breakout in Making โ๐
NATIONALUM
๐น Technical Pattern
The stock has formed a Cup & Handle pattern on the weekly chart.
Breakout Zone: โน215 โ โน220 (stock is currently retesting this zone).
Volume Confirmation: Rising volumes show strong institutional interest.
๐น Target Projection
Height of the Cup = ~โน78 (220 โ 142).
Breakout Target = โน220 + โน78 โ โน300.
This implies a potential 35%+ upside from current levels.
๐น Support Levels
Immediate support: โน200.
Strong support: โน185.
๐น Sector Tailwinds
Aluminium demand is booming due to EVs, renewable energy, infra push.
PSU + metal re-rating theme adds momentum.
#WatchOutFor#TodayโsTradingSetup#StockInNews#FundamentalViews#TechnicalViews

1,124 likesยท23 comments

















