9.3 years Box/Channel breakout NMDC ( Swing/Intra )Look at the beauty of Price Action.
It was consolidating for 9.5 years.
It gave breakout of 7 year trendline breakout.
Please Try to take position above daily candle close of 206.6.
Safe players play above closing of 207 of weekly candle close.
Look at the Volume marked below.
Nsestocks
RSI Bullish Divergence in NSE: TRENT 1D Chart In TRENT, there was a down-trend. Now, down-trend is over and a new trend is getting established.
There is RSI Bullish Divergence in 1D Chart. Stock may come down a bit in short team (like next 1 week).
Overall, if the new trend establishes itself, stock may go up in mid-term.
Hindalco - Elliott wave analysis It completed 5th wave of impulse cycle of larger degree from major bottom and therefore it should correcting down. But wait for impulse down wave to confirm the down sequence.
If it is moving in sideways then it is probably extend the 5th wave up and go higher much more.