Above is the nalco share analysis for next week which can also happen tomorrow so i m looking at and taking the neutral approach here because nalco is at very critical level so whats my game plan here their are 2 things i m looking at
1. if nalco take support at fib level which uh can see that nalco has hovering around this level so if nalco give the break of 97 and sustain i would happy buy with target of 100,102,106
2. if nalco fails to and break 96 level and sustain below this level then would go and short it here with the first target of 92,90,86
Also, remember that national aluminium (nalco) has already gave a break of M-style pattern and giving a flag and s break of an side will take on the Momentum