Friday, April 11, 2014

National Aluminum Company has broken Resistance Level (Technical Analysis Mumbai India trading)?

Today (11th April 2014) our Technical Analysis has figured out one of the stocks from Aluminium sector named National Aluminium Company.

Due to following reasons National Aluminium Company is on our pick list: -

1] Broken Resistance Level from 14th November 2013 to 11th April 2014.


2] Support Trendline from 20th March 2014 to 11th April 2014. You can see below zoomed charts.


3] Today confirming it’s up move with great volume.


4] %K crossing %D
5] RSI is also looking positive direction.
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