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MARKET OUTLOOKNATIONALUMSTOCK OUTLOOK

National Aluminium Outlook for the Week (August 14, 2023 – August 18, 2023)

National Aluminium closed the previous week on a negative note losing 3.09%.

Technically, National Aluminium share price will see immediate support at 93.20 and immediate resistance would be seen at 96.20.

If National Aluminium share price closes below immediate support of 93.20, then sharp breakdown can be seen. National Aluminium share price will see major support at 92.10 for the week.

On the positive side, immediate resistance will be seen at 96.20. Closing above 96.20, National Aluminium share price will see a sharp breakout. Major resistance for National Aluminium share price will be seen at 98.10 for the week.

Trading range for National Aluminium share price for this week should be between 90.20 on down side and 99.20 on up side.

National Aluminium Previous Week High: 97

National Aluminium Previous Week Low: 94

National Aluminium Previous Week Range: 3 Points

National Aluminium share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 99.20
Resistance 2 98.10
Resistance 1 96.20
Support 1 93.20
Support 2 92.10
Support 3 90.20

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