CLOSED

NATIONALUM
Stoploss Triggered

52 -13.12%
Close Price
(2021-03-25 03:55:00)
59.85
Entry Price
(2021-03-08 15:20:00)
70
Target Price
 
52
Stoploss
 
Enter below 59.85 | Created on 2021-03-08 09:49:58 and valid till 2021-05-16 18:30:00

Trade rationale

RSI

The breakout in National aluminum above the Fibonacci retracement level of 38.20% and anchored vwap from 2018 top makes the level of 52 a good support. RSI above 70 indicates the increasing momentum. Additionally, the breakout in base aluminum price can act as a catalyst for the stock.