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MARKET OUTLOOKNATIONALUMSTOCK OUTLOOK

National Aluminium Outlook for the Week (January 01, 2024 – January 05, 2024)

National Aluminium
National Aluminium
National Aluminium closed the previous week on a negative note losing 15.48%.

Technically, National Aluminium share price will see immediate support at 119.20 and immediate resistance would be seen at 140.20.

If National Aluminium share price closes below immediate support of 119.20, then sharp breakdown can be seen. National Aluminium share price will see major support at 106.45 for the week.

On the positive side, immediate resistance will be seen at 140.20. Closing above 140.20, National Aluminium share price will see a sharp breakout. Major resistance for National Aluminium share price will be seen at 148.45 for the week.

Trading range for National Aluminium share price for this week should be between 98.20 on down side and 161.20 on up side.

National Aluminium Previous Week High: 135.7

National Aluminium Previous Week Low: 114.7

National Aluminium Previous Week Range: 21 Points

National Aluminium share price support and resistance for the week (January 01, 2024 – January 05, 2024)

Level Type Value
Resistance 3 161.20
Resistance 2 148.45
Resistance 1 140.20
Support 1 119.20
Support 2 106.45
Support 3 98.20
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