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(NATIONALUM) National Aluminium complete technical analysis [charts+indicators] | Buy/Sell National Aluminium | (NATIONALUM) share price targets

Complete technical analysis of National Aluminium (NATIONALUM) by charts plus indicators, forecast predictions and share price targets for National Aluminium (NATIONALUM)

National Aluminium trades in NSE in Aluminium sector.

Showing technical analysis as on 2024-08-12 View latest technical analysis

10 day averaged volume of National Aluminium is 12686052

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	174.21	176.39	177.68	169.42	2.355 times
09 Fri Aug 2024	177.25	175.90	178.50	173.05	1.277 times
08 Thu Aug 2024	172.67	179.00	179.30	172.20	0.883 times
07 Wed Aug 2024	179.34	177.50	180.40	174.90	0.656 times
06 Tue Aug 2024	172.62	176.95	178.60	172.05	0.703 times
05 Mon Aug 2024	172.94	179.00	179.38	171.32	1.576 times
02 Fri Aug 2024	185.21	188.75	189.43	184.30	1.372 times
01 Thu Aug 2024	192.77	196.30	200.40	190.64	1.577 times
31 Wed Jul 2024	194.22	191.75	194.98	190.20	0.739 times
30 Tue Jul 2024	191.40	191.40	192.40	189.08	0.525 times

Stock of National Aluminium (NATIONALUM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 177.5, but if it comes above 177.5, then a intra day buy could be more profitable.
If you take a sell trade below 177.5, then use 177.5 as stoploss and 167.5 as target. However if you take a buy trade in stock , then use 177.5 as stoploss and 185.88 as target.

Share price targets for National Aluminium (NATIONALUM)

Target Type	Value
Downside Target	147.15
Downside Target	153.60
Downside Target	168.75
Upside Target	193.10
Upside Target	193.50
Upside Target	200.40
Upside Target	201.60
Upside Target	203.17
Upside Target	206.30
Upside Target	209.00

Intraday share price targets for National Aluminium (NATIONALUM)

Target Type	Value
Downside Intraday Target	169.86
Downside Intraday Target	165.51
Upside Intraday Target	178.12
Upside Intraday Target	182.03
Downside Intraday Target	173.77

Weekly technical analysis of National Aluminium (NATIONALUM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	174.21	176.39	177.68	169.42	0.462 times
09 Fri Aug 2024	177.25	179.00	180.40	171.32	1.039 times
02 Fri Aug 2024	185.21	190.95	200.40	184.30	0.979 times
26 Fri Jul 2024	189.50	184.40	193.50	174.70	0.986 times
19 Fri Jul 2024	186.33	198.00	203.17	183.79	0.827 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of National Aluminium (NATIONALUM)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	174.21	196.30	200.40	169.42	0.453 times
31 Wed Jul 2024	194.22	188.20	209.00	174.70	0.753 times
28 Fri Jun 2024	187.11	201.20	201.60	147.15	0.867 times
31 Fri May 2024	191.65	184.80	206.30	168.75	0.809 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of National Aluminium (NATIONALUM)

Price action analysis of National Aluminium ( (NATIONALUM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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.

Price action analysis of National Aluminium ( (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.

Price action analysis of National Aluminium ( (NATIONALUM) ) based on a mid to longer 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 Strong and stock is gaining momentum.

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

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 below 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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 180.29 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 negative.

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