#NIACL breaks out after crossing VWAP of ₹ 125.50 & at the same time Golden Cross Over is also happening—- I don’t know where stock can reach because stock is trading at the record high PE ratio of nearly 160 which is quite high of industry level average of 88 —- so stock is showing movements but stock has very shorter story for claiming the highest levels —- so I don’t think 🤔 more steam left upside— it’s to be more cautious ever —- this is classic example of stock contradicts of own story — this my belief & observation — do your own research 🔬—- chart 📊 is daily— it’s educative
Chartbusters - 19295541