NATIONAL ALUMINIUM - CHART SPEAKS

National Aluminium’s chart shows a steady upward trend, with the price forming higher highs and higher lows over time. This suggests that buyers have remained in control, supporting a gradual rise rather than sharp, unstable moves. The broader direction still appears positive. Recently, the stock has seen a pullback after reaching higher levels. This is a common phase after a strong rally, where prices cool off. The stock is now approaching an important support area near its recent average level, where buying interest has appeared earlier. If the price holds here, it may stabilize; otherwise, it could move lower for a deeper correction. In terms of key levels, immediate support is around ₹400–₹405. Below this, a stronger support zone lies near ₹380–₹390, where the stock had previously consolidated. On the upside, resistance is visible around ₹430–₹440, which has recently capped further gains. A move above this range could open the path toward ₹450. Overall, the chart suggests that while the long-term trend remains upward, the stock is currently in a short-term pause. The next move will depend on how it behaves around support and whether it can regain strength to challenge resistance levels again.