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2020 National Aluminium (NATIONALUM) technical analysis [forecast] stock price targets

National Aluminium technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

National Aluminium deals in Aluminium National Aluminium option chain analysis

Date Close Open High Low Volume
18 Fri Sep 34.90 34.35 35.45 34.05 191.42 lakhs
17 Thu Sep 34.45 34.50 34.60 33.65 129.88 lakhs
16 Wed Sep 34.50 34.15 34.70 33.70 99.57 lakhs
15 Tue Sep 34.30 35.30 35.40 34.15 116.58 lakhs
14 Mon Sep 35.20 35.30 36.45 34.80 173.99 lakhs
NATIONALUM chart

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 34.6 as stoploss in an intra day buy trade for a target of 35.91. However, stock will show a bearish move below 34.6.

  • Daily Price action analysis of NATIONALUM based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

  • Daily Price action analysis of NATIONALUM based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

  • Daily Price action analysis of NATIONALUM based on a mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Intraday technical analysis of National Aluminium

Stock is trading at 34.90 as on 18 Fri Sep 15:33

Day open is at 34.35, day high is at 35.45, day low is at 34.05, and day volume is at 7402.92 lakhs so far.

First 15 minute high low range is 34.20 - 34.55

First hour high low range is 34.20 - 34.55

Date Intraday Price Open High Low Volume
18 Fri Sep 15:33 34.90 34.35 35.45 34.05 19132268
18 Fri Sep 15:30 34.95 34.35 35.45 34.05 19132268
18 Fri Sep 15:25 34.85 34.35 35.45 34.05 18391883
18 Fri Sep 15:20 34.90 34.35 35.45 34.05 17718060
18 Fri Sep 15:15 34.95 34.35 35.45 34.05 16749345
Intraday NATIONALUM chart

Trend of National Aluminium is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

National Aluminium (NATIONALUM) intraday stock price targets

  • EntEntry: 34.38 or 34.9625
  • Upside target: 34.55
  • Downside target : 33.85
  • Second Upside target: 35.88
  • Second Downside target : 34.48

National Aluminium (NATIONALUM) weekly technical analysis

Date Weekly Close Open Range Volume
18 Fri Sep 34.90 35.30 33.65
36.45
711.444 lakhs
11 Fri Sep 34.80 36.45 32.80
36.90
583.072 lakhs
04 Fri Sep 36.30 37.85 35.70
38.15
460.888 lakhs
28 Fri Aug 37.55 38.35 36.15
38.70
566.065 lakhs
21 Fri Aug 38.05 35.25 34.95
40.05
1000.64 lakhs
weekly NATIONALUM chart

Weekly forecast of National Aluminium is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of National Aluminium based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Weekly Price action analysis of National Aluminium based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

National Aluminium (NATIONALUM) Monthly technical analysis

Date Monthly Close Open Range Volume
18 Fri Sep 34.90 35.75 32.80
38.05
1616.427 lakhs
31 Mon Aug 35.85 32.75 32.50
40.05
3180.329 lakhs
31 Fri Jul 32.75 31.85 31.25
37.50
3757.888 lakhs
30 Tue Jun 31.85 29.55 29.30
34.90
4351.402 lakhs
29 Fri May 29.40 30.80 26.75
30.80
1776.152 lakhs
monthly NATIONALUM chart

Monthly forecast of National Aluminium is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of National Aluminium based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Monthly Price action analysis of National Aluminium based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

National Aluminium Daily stock price targets

  • Upside daily target: 36.55
  • Downside daily target: 34.75
  • Downside daily target: 32.55

National Aluminium Weekly stock price targets

  • Upside weekly target: 41.6
  • Upside weekly target: 38.28
  • Upside weekly target: 35.85
  • Downside weekly target: 33.98
  • Downside weekly target: 32.08

National Aluminium Monthly stock price targets

  • Upside monthly target: 45.65
  • Upside monthly target: 42.61
  • Upside monthly target: 40.23
  • Upside monthly target: 38.25
  • Upside monthly target: 36.18
  • Downside monthly target: 34.18
  • Downside monthly target: 32.5
  • Downside monthly target: 30.58
  • Downside monthly target: 28.43
  • Downside monthly target: 26.88
  • Downside monthly target: 21.13

National Aluminium (NATIONALUM) indicators technical analysis

Price action analysis of National Aluminium (NATIONALUM) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for National Aluminium stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for National Aluminium in short term and the sell signal is strong.

National Aluminium Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for National Aluminium in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of National Aluminium is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 34.7 and National Aluminium NATIONALUM stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the National Aluminium NATIONALUM stock. Volume based technical analysis of National Aluminium NATIONALUM stock is negative.

National Aluminium Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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