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NOCIL Ltd (D): BREAKOUT CONFIRMED
Timeframe: Daily | Chart Scale: Linear Strong +6.40% surge today backed by a massive 7.38M volume spike! 🔥 Technical Highlights: ✅ Breakout: Cleared & closed above long-term horizontal resistance (active since Feb '25) & broke out of a sideways trend! ✅ Volume: Aggressive volume surge building on a rising multi-day trend. ✅ Momentum: Short-term EMAs in positive crossover (Daily/Weekly). MACD & RSI rising across all major timeframes. 🚀 Key Levels to Watch: 🎯 Target: 230 🛡️ Support / Pullback: 194 (Previous resistance turned support) Keep a close eye on price action over the coming days to see if the stock can sustain this high-volume trajectory! 📈 Are you tracking setups across the chemical basket? Share your perspective below! 👇
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