Bullish on NALCO, which staged a strong reversal from its June downtrend around the 200-day EMA (₹337–338), closing over 4.5% higher on strong volumes. The rise in open interest and RSI emerging from oversold territory indicate a long build-up and exhausted selling momentum. Traders can enter at ₹345–348 for targets of ₹371 and ₹385, with a stop-loss at ₹329.

Akshay Bhagwat’s track record: 4 graded calls · 95% CI 30–95%

National Aluminium Company LimitedBullishCalled 06 Jul 2026Graded 04 Sep 2026
Verdict:HIT

National Aluminium Company Limited rose from ₹351.05 to ₹375.20, a +6.88% increase, meeting the ₹371 target.

Tracking National Aluminium Company Limited since this call

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