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#NLCINDIA - favorable risk reward Target 77

#NLCINDIA - favourable risk reward at 65.5 levels

Expect reverse candle shunting to take place, the fall has been halted with appearance of 3 Indecision Candles.

Target -77
CMP - 65.5
Stop Loss -61 ( daily closing)
Risk: Reward - 4.5: 12 ~ 1:2.6

There are 2 minor resistance zones - 66.8- 67.3 & 69.6-70.1
Technical IndicatorsTrend Analysis

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