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2021 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
16 Wed Jun 69.95 72.00 72.15 69.50 204.17 lakhs
15 Tue Jun 71.85 72.20 72.45 71.30 111.65 lakhs
14 Mon Jun 71.80 72.50 72.60 69.95 177.19 lakhs
11 Fri Jun 72.15 72.00 72.85 70.10 228.88 lakhs
10 Thu Jun 71.20 71.05 71.85 70.70 110.64 lakhs
NATIONALUM chart

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 69.9, for a target of 71.2 or 72.25

  • Daily Price action analysis of 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.

  • 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Intraday technical analysis of National Aluminium

Stock is trading at 69.90 as on 17 Thu Jun 11:55

Day open is at 69.40, day high is at 70.90, day low is at 68.00, and day volume is at 1613.78 lakhs so far.

First 15 minute high low range is 68.00 - 69.50

First hour high low range is 68.00 - 69.95

Date Intraday Price Open High Low Volume
17 Thu Jun 11:55 69.90 69.40 70.90 68.00 7251120
17 Thu Jun 11:50 69.90 69.40 70.90 68.00 7099092
17 Thu Jun 11:45 69.95 69.40 70.90 68.00 6977070
17 Thu Jun 11:40 70.05 69.40 70.90 68.00 6861649
17 Thu Jun 11:35 70.05 69.40 70.90 68.00 6728402
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: 68.75 or 70.275
  • Upside target: 69.5
  • Downside target : 66.5
  • Second Upside target: 71.05
  • Second Downside target : 68.4

National Aluminium (NATIONALUM) weekly technical analysis

Date Weekly Close Open Range Volume
16 Wed Jun 69.95 72.50 69.50
72.60
493.019 lakhs
11 Fri Jun 72.15 73.45 69.75
75.75
1074.567 lakhs
04 Fri Jun 72.75 72.00 71.20
74.45
1235.432 lakhs
28 Fri May 72.10 71.00 69.25
76.20
1923.737 lakhs
21 Fri May 70.80 71.50 70.15
78.90
2047.887 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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
16 Wed Jun 69.95 74.40 69.50
75.75
2434.471 lakhs
31 Mon May 73.80 64.40 64.15
82.10
10657.115 lakhs
30 Fri Apr 64.65 54.80 52.75
66.50
6237.332 lakhs
31 Wed Mar 54.05 60.90 50.70
64.00
4806.914 lakhs
26 Fri Feb 60.00 48.10 47.30
61.25
6093.772 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 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 Daily stock price targets

  • Upside daily target: 76.35
  • Upside daily target: 72.23
  • Downside daily target: 68.4

National Aluminium Weekly stock price targets

  • Upside weekly target: 84.38
  • Upside weekly target: 77.63
  • Upside weekly target: 73.44
  • Downside weekly target: 68.18
  • Downside weekly target: 63.68
  • Downside weekly target: 59.68
  • Downside weekly target: 55.88

National Aluminium Monthly stock price targets

  • Upside monthly target: 86.93
  • Upside monthly target: 75.54
  • Upside monthly target: 71.18
  • Downside monthly target: 67.6
  • Downside monthly target: 62.6
  • Downside monthly target: 59.03
  • Downside monthly target: 54.86
  • Downside monthly target: 47.88
  • Downside monthly target: 45.4
  • Downside monthly target: 42.61
  • Downside monthly target: 40.23
  • Downside monthly target: 37.39
  • Downside monthly target: 35.15
  • Downside monthly target: 32.55
  • Downside monthly target: 30.46
  • Downside monthly target: 27.63

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 gaining momentum.

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

National Aluminium Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for National Aluminium in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 72.16 and National Aluminium NATIONALUM stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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

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