NOCIL LTD
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NOCIL - Swing Reversal

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NSE: NOCIL has consolidated after breakout a few days earlier and looking strong.

Current volumes indicate consistent demand and should move to the next swing high in the coming days.

The stock is moving in a tight uptrend channel and should continue to remain within the same.

One can take entry now for a 8% to 12% gain on deployed capital in this swing trade.

The view is to be discarded in the event of the stock moving below 250 levels.



Disclaimer:
This is for educational purposes only.

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