NRL, analysis on request

National Refinery Limited (NRL) continues to trend downward, with decreasing volume indicating weak investor interest.

A small bounce is possible, but the stock must break and close above 400 to gain momentum.

Accumulate between 233–213

The short-term price targets are 242, 250, and 270

The long-term price targets are 320, 350, and 380

If the stock closes below 196, it could signal a shift in trend.

⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →