From March 23 2020 to Oct 4 2021, in this period of 560 days NOCIL gave a bumper returns of around 450% , now from Oct 2021 till March 21 2022 it was in a retracing phase. coming onto some technicals now in the last week of march we can see a very impressive breakout with very strong candle structure n volumes. (bouncing from the golden fib zone of 0.5-0.61 on weekly timeframe). We can now expect and immediate target of (T1) 260 then (T2) 287 , (T3) 300 , then lets see if breaks its ATH or gets resistance from it.
NOCIL
NOCIL