⭐️Target 2 achieved in NLC India. Gain of 34% Target 3 is ON..⭐️
Breakout chart as well as follow up chart added for reference. Charts are self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
IMP POINTS:
1. NLC India Limited, formerly Neyveli Lignite Corporation Limited, is engaged in the power business. The Company's segments are Lignite Mining and Power Generation.
2. NLC India Limited (NLC) is a Navratna Government corporation under the ownership of the Ministry of Coal, Government of India.
3. It gave a breakout on October 1, 2021 with above average volumes on weekly charts. The breakout chart is attached for reference.
4. As on today, Target 2 is achieved with a gain of 34% from entry point.
5. It is showing further strength and is now trading at multi year high.
6. Target 3 is ON which stands at 89.
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