The stock has been beaten down almost 20% from the levels of 33-34 to levels of 27 since last 2 months. The stock is taking good support @ 26.5 -27 levels due to previous bottoms around these levels. The worst for the stock may be over if it does not break 26.5 level. Buy Noidatoll at current level of 27.5 with a strict stoploss of 26.5 and look for targets 29.2/30.5 in short term.
Stock View: Nationalum
The stock has been trading in this rectangular box since last 2 months, whereas markets have corrected almost 10 % from the peak there has been no effect on the stock whatsoever. There may be accumulation going on in this stock on every decline or something must be cooking in the stock. Either a sharp rise or a sharp decline is not ruled out. Buy Nationalum only if it sustains above 421 with a stop loss of 405 on closing basis and look for targets of 435/448 in short term.
Have a nice trading day
Regards
Ankit
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