
Strike
February 11, 2025 at 06:49 AM
🚨 *NALCO Surges 232% in Profit, But Can It Hold Gains?* 🚨
NALCO posted a massive 232.83% YoY profit jump to ₹1,566.3 crore, but the stock remains sideways on the daily chart. 📊 Support is seen at ₹187 (76.4% Fibonacci & lower Bollinger Band), while resistance looms at ₹204-205 (40 EMA).
With Trump’s proposed tariffs on steel & aluminum, will prices stay under selling pressure? 🤔 Breakout or Breakdown? Participate in the polls here: https://x.com/strike_ic/status/1889204622432346308
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