Recently all the Metals are going thru a Major Rally globally with Gold leading the Chart following by Silver, Copper, Steel and now Aluminium joins the Party
National Aluminium has formed an Interesting Pattern on Daily Timeframe resembling a "Veena" Musical Instrument and apparently NALCO is ready to play a divine song :)
Price Broke out of a larger Rounding Bottom pattern above 170 and then retested the BO zone and formed a Small Rounding Bottom pattern - the structure looks like a Veena
The upcoming Targets are 220, 250
Recommendation on NALCO was first given at 142 levels when it broke out of a Multi-Year (16 Years) Rounding Bottom pattern and as on date - we are holding with 35% Gain and waiting for 2x
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