‹ All Posts
Unite Technologies Financial

10th Apr · SEBI-Registered Analyst

Technical Analysis National Aluminium Co. Ltd.

The daily chart provided

NATIONALUM
is exhibiting a strong bullish structure. The stock is in a clear uptrend. Looking at the price action from June 2025 to April 2026. Higher Highs and Higher Lows the stock has consistently moved upward breaking previous peaks and forming higher support levels. Current status it is currently trading near its recent highs ₹417 suggesting that buyers are still very much in control. Immediate resistance the psychological level of ₹420 - ₹430. A clean breakout above this could lead to further blue sky territory all-time highs. Primary support the horizontal dashed line on your chart at ₹315.65 represents a major historical breakout point. Immediate support if a minor correction occurs the ₹380 - ₹390 range previous swing low should act as a floor. Consolidation & Breakout after the sharp rally in February the stock went into a brief sideways phase consolidation between ₹340 and ₹400. It has recently broken out of this range to reach ₹417 which is a very positive signal. For Buyers look for entries on minor dips toward the ₹390-400 level. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.

#EquityResearch#TechnicalViews#WatchOutFor
514 likes·46 comments