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NLCINDIA

NLCINDIA NLCINDIA Stock on the Verge of a Breakout: Targeting ₹400? NLC India (NLCINDIA) could be setting itself up for a significant move higher. The stock appears to be on the cusp of a breakout from a channel pattern, and a decisive break above a key resistance level could see it surge towards ₹400. Channel Breakout in Play NLCINDIA has been trading within a channel for some time now. This pattern is characterized by trendlines drawn along the highs and lows of the price movement. A breakout occurs when the price decisively breaks above the upper trendline, indicating a potential shift in momentum. Eyes on ₹245 The key level to watch for NLCINDIA is ₹245. A weekly close above this resistance level would provide strong confirmation of the channel breakout. This could trigger further buying interest and propel the stock towards its target of ₹400. Important Disclaimer This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions. Consider factors like overall market conditions, company financials, and your own risk tolerance before investing in NLCINDIA.
NSE:NLCINDIALong
by Kaviarasu_Chandrasekar
NLC INDIA DAILY TIME FRAME - MY VIEWThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support..... Tradelikemee Academy Sanjay K G
BSE:NLCINDIALong
by Tradelikemee
Buy NLC IndiaBuy around 60-63 Stop Loss 55 on weekly closing bases Long-term target 73// 80 // 92 Strong resistance around 92-100. A monthly close above 92-100 can give a strong breakout and can easily reach to 200 Please follow me for more ideas and update Do your due diligence this is not investment advice. _____________________________________________ NLC India Ltd on Monday reported a nearly 52 per cent jump in consolidated profit to Rs 756.83 crore for the quarter ended on March 31, 2021. The company had posted a consolidated profit of Rs 498.12 crore in the year-ago period, NLC India said in a filing to BSE. Consolidated income of the PSU in the January-March period increased to Rs 3,550.48 crore from Rs 3,405.14 crore in the year-ago period, the filing said. The power dues collection for the group for the year was 114 per cent of the invoices raised amounting to Rs 11,375 crore which is the highest ever, the PSU said in a statement. "Despite the pandemic situation, the company reported total income for the year up by 1.77 per cent to Rs 11,798.42 crore," the PSU said. "The EBIDTA for the year has also jumped by 6.13 per cent to Rs 5,151.18 crore from Rs 4,853.64 crore," it added. The board has recommended final dividend of 15 per cent apart from the already declared interim dividend of 10 per cent for the year 2020-21, NLC India said.
NSE:NLCINDIALong
by Nirsh