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MARKET OUTLOOKNATIONALUMSTOCK OUTLOOK

National Aluminium Outlook for the Week (August 07, 2023 – August 11, 2023)

National Aluminium closed the previous week on a negative note losing 6.86%.

Technically, National Aluminium share price will see immediate support at 91.43 and immediate resistance would be seen at 98.13.

If National Aluminium share price closes below immediate support of 91.43, then sharp breakdown can be seen. National Aluminium share price will see major support at 87.82 for the week.

On the positive side, immediate resistance will be seen at 98.13. Closing above 98.13, National Aluminium share price will see a sharp breakout. Major resistance for National Aluminium share price will be seen at 101.22 for the week.

Trading range for National Aluminium share price for this week should be between 84.73 on down side and 104.83 on up side.

National Aluminium Previous Week High: 97.6

National Aluminium Previous Week Low: 90.9

National Aluminium Previous Week Range: 6.7 Points

National Aluminium share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type Value
Resistance 3 104.83
Resistance 2 101.22
Resistance 1 98.13
Support 1 91.43
Support 2 87.82
Support 3 84.73

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