NIACL BRAKEOUT ON DAILY CHARTNSE:NIACL
I am buying this stock
Near 282
And follow sl on 232
My target will be 350
My risk reward ratio is 1:1.50
Return on capital 22%
NIACL trade ideas
NIACL LOOKING GOOD FOR BUYNIACL LOOKING GOOD FOR BUY
Add to your watchlist buy when candle close above this red line
Target for 290-300
Only for swing or positional
Thjs is only for education purpose
NIACL: Requested Price ActionOkay, This one is #requested by @sakshisehrawat4192
The chart should tell you everything you need to know. But again, for those who like to read our analysis, Here are a few easy pointers:
- The script is Forming an ascending triangle on a shorter time length
- The ultimate resistance trendline stands strong since 2018
- It is nearing a crucial resistance zone
- The best case would be if it consolidates at the resistance for 4 - 6 weeks and then breaks the resistance.
- A break of it would be a three-in-one breakout i.e. Trendline, triangle, and Resistance zone. This should give a push to the momentum. of course, based on the then price action.
- RSI and MCD are positive indicators
- The PE has Improved a.k.a better valuation
- The first target should be around 140 - 150. Post which it will enter a previous consolidation range making it difficult to draw targets.
- If it continues the upmove the final resistance zone sits at 170-180 levels.
What should we analyze next??
Have Requests, Questions, or Suggestions? Let us know in the comments below.👇
While you do that, how about a boost for some motivation🚀
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
NIACL Trendline & Darvas Box Good volume. Trendline break/darwas box breakout.
Can be entered above the breakout. Watch out.
Strong Buy Pattern . Estimated gain of 20%-40 %Flag pattern with Low volume
Weak seller candlestick Pattern
strong support zone
RSI- Hidden Bullish divergence
NIACL Upside LevelAs per my analysis, NSE:NIACL has more potential for upside. Best level to take entry is breakout of 290.50 with stop loss of 275 (-14.50 points risk). Upside level would be 312 (+22.50) & 340 (+50.50). This could be low risk and high reward idea.
Note: This is my personal analysis, only to learn stock market behavior. Kindly do your own analysis to take any trade. Thanks.
NIACL !! Breakout with volume after long consolidationNIACL !! Breakout with volume after long consolidation
Consolidation for long time
Breakout with Huge Volume
SWING IDEA - NEW INDIA ASSURANCE COMPANYthe New India Assurance Company Limited (NIACL) currently presents a compelling swing buying prospect.
Reasons are listed below :
After multiple tests in the 250-260 zone, NIACL has successfully breached this critical level, signaling a potential shift in momentum.
A bullish marubozu candle on the daily timeframe emphasizes the strength of the upward movement, suggesting sustained buying interest.
Breaking free from a two-month consolidation period, NIACL is poised for a new directional move, indicating a release of pent-up energy in the market.
The consistent formation of higher highs underscores the stock's upward trajectory, reflecting a positive trend.
The overall uptrend is evident, providing a favorable backdrop for traders looking to capitalize on potential price appreciation.
Trading comfortably above both the 50 and 200 exponential moving averages (EMA) signifies a robust position and adds a layer of confidence to the bullish case.
Increased trading volume during this period supports the validity of the breakout, providing additional confirmation of the stock's upward momentum.
Target - 300 // 347
StopLoss - daily close below 242
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
This Insurance stock is ready to resume uptrendAfter an impulse movement on the upside, the stock consolidated for a while. Support levels look good below 220. With good volume support, NIACL can resume uptrend.
Entry - Above 248
SL -215
Tgt - 352
NIACL DOWNTREND BREAKOUT ON 22/08/20232.5 YEARS OF DOWNTREND BREAKOUT HAPPENED ON 22nd Aug 2023
But i suggested this stock on 6th Nov 2023 at 140 level
Entered at 140
Targets - 155,180,200+
ALL 3 TARGETS DONE WITH IN JUST 15 DAYS ONLY 💥🚀💹 & GIVEN 120 POINTS (85%) IN JUST 20 DAYS...... SKY ROCKING STOCK FROM MY WATCHLIST
CMP - 210.35
Re-entry possible at 200 level... if falls again than average at 180 level
@Jagadheesh_JP
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Target No recommendation for buy and sell
Target and stop loss mentioned in chart
Volume building in stock
Bullish chart
💥New India Assurance💥-Nice Breakout💥New India Assurance💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-164
Breakout Price-164
Stoploss-132
Targets-238-299-312
RT for max reach
#NewIndia #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
60% to 70% Upside. 📊 Stock Breakout Analysis 🚀
Remarkable: A breakout from a 5-year resistance channel has occurred.
Presently at 140, but anticipation of a retest within the range of 120 to 126.
Notable Targets:
🎯 Upper Levels: 165-178 & 222-234.
Anticipated timeline: 12-14 months.
Caution: View becomes invalid if a weekly closing basis dips below 113.
NIACL PSU SECTOR BOTTOM BUYING RISE REWARD IS VERFY GOODNIACL PSU SECTOR BOTTOM BUYING RISE REWARD IS VERFY GOOD. TIME IN LONG TERM 2-5 YEAR
NIACL I stock price are very very attractive for a volume action the big big player in entry and accumulate this is stocks for a bottom.
1. other one is the chart pattern (W) Double bottom and harmonic XABCD pattern this all parameter also the stocks are very very bullish and upside is very very potential in a stocks they are major target in the chart patterns the
2. First target is 319 second target is 575 third target is 893 and final target is 1183 the time duration is all target achieved wait in a 2 and 5 years long term investments because other one is this is stocks are fundamental are very very good .
3. The stocks near to 2018 and they show the balance sheets every year the profit growth is 25% to 30% and the cash reserve is companies very very good and the promoter holding this type of stocks 80 or 90% so the stocks are bullish shortage in the supply so the fast move and upside is target
4. this stocks dividend yield is very very good out of the 5% is show the bulloos bullish sentiment in a stocks
New India insurance..slopping downward channel BO..study purposeFrom listing its going down ...... but now looking like it coming out of the slopping downward channel...... sl should be maintained current candles low and can be pre ampt
NIACL SWING TRADE 15%🔥🚀swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
The new india Assurance to take long entryThe stock of the NIACL is to take a long entry after the Bo of the marked TL above 110 for the next target of 125-130 with an SL of 98. Stock is at trading a Highly conflux area. BO of the TL will confirm the trend change in the stock & high probability to move from the area. This is for your educational purpose only.
NIACL Rounding bottom pattern Breakout Insurance stocks are seeing some revival after a prolonged phase of decline. NIACL sees price emerging out of a rounded bottom pattern that has lasted more than six months. A steady pattern of higher highs and higher lows shows that the trend is up. We also see a golden cross where the 50-period Moving average trades above 200 days moving average. On the upside expect a rally to 150 and above that 180. Hold for several weeks.
NEW INDIA ASSURANCENew India Assurance Company Ltd is India's largest non-life insurance company. It is promoted by the Government of India (GoI) holding ~86% stake.
With SL of 110 - buy above 127 ( closure of DCB) for the targets mentioned
Market Cap
₹ 20,608 Cr.
Stock P/E
207
Book Value
₹ 150
Dividend Yield
0.24 %
ROCE
0.67 %
ROE
0.68 %
Face Value
₹ 5.00
Promoter holding
85.4 %
EPS last year
₹ 1.00
EPS latest quarter
₹ 0.20
Debt
₹ 0.00 Cr.
Pledged percentage
0.00 %
Net CF
₹ 805 Cr.
Debt to equity
0.00
OPM last year
0.43 %
OPM 5Year
-0.84 %
Reserves
₹ 23,861 Cr.
Price to book value
0.83
Int Coverage
PEG Ratio
-11.5
