Nam_India is ready for the bounce back

A Positive Morning Star Formation can be seen in the Chart of Nippon L I A M Limited, and thereafter a consolidation in between 413 to 432, is also being witnessed. At its Current Market Price of 417.90, the stock is currently trading at the nearest of the lower zone of its consolidation box. Hence, as the stock appears to be facing a resistance at the levels of 425.60-432.50, we are expecting a sharp bounce back in the stock with the support of 413.70