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Dhwani Patel

20th Aug · SEBI-Registered Analyst

NLC India is now at a crucial long-term trendline support

NLCINDIA
is now at a crucial long-term trendline support around ₹260–265, where the rising support line meets the broader consolidation structure. The ₹255–260 zone is the key downside cushion; holding this area can trigger a reversal toward ₹290–300, followed by ₹320–330. A decisive close above ₹290 would strengthen the bullish setup, while a sustained break below ₹255 would weaken the reversal view. The stock has historically found support around this broader zone, making the current level important for a potential bounce

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