NCL Industries Trend Analysis

A potential Cup with Handle pattern is forming.

Expecting further drop to 145 level for a good buying opportunity in this micro cap stock.

Promoters are buying while OPM% declined on a quarterly basis.

Plans for setting up a 2000 TPD cement grinding unit.

Accumulate around 140-150 level for the following targets:

Short term swing target @ 220 (51% ROI with 3.75 R:R)

Medium term swing target @ 300 (106% ROI with 7.75 R:R)

Long term positional target @ 550 (279% ROI with 20.25 R:R) This is the technical target of the pattern highlighted.

Do your own due diligence before taking any action.

Peace!!