nalco shares

NALCO shares zoom 12% in 2 days on strong Q2 earnings, brokerage optimism. What should investors do?

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NALCO shares zoom 12% in 2 days on strong Q2 earnings, brokerage optimism. What should investors do?

Shares of state-owned National Aluminium Company Ltd (NALCO) surged for the second consecutive session, rising as much as 2.1% on Tuesday to hit a high of Rs 262.90 on the BSE. The stock has gained 12% over the past two trading days, buoyed by strong September quarter earnings and investor optimism following robust financial performance. … Read more

Breakout Stocks: How to trade Nalco, Persistent Systems and Fortis Healthcare on Monday? – Market Summary

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Breakout Stocks: How to trade Nalco, Persistent Systems and Fortis Healthcare on Monday? – Market Summary

After a period of consolidation, Fortis Ltd has broken out of its range, displaying significant bullish momentum, which indicates that buyers are in control. However, the breakout was met with strong selling pressure at higher levels on the daily scale, resulting in a battle between buyers and sellers—a sign of potential momentum exhaustion. Friday’s candlestick … Read more