Base Formation · 2026-06-24 · Finance - Asset Management

NAM-INDIA

Nippon Life India Asset Management Ltd.

Strong momentum structure

Early Trend
Stage 2 RS leader VCP active Vol compression

Setup readiness

Early Trend

Pivot Levels
₹1148.1-1197.3
Support Level
₹1126.1
Resistance
₹1429.6
Risk Distance
5.9% to stop

Reference levels for educational study only. Not a recommendation to buy or sell.

RS
86.0
ADX
26.0
Vol
32.0

Swing Edge Intelligence

Structured setup analysis · research only

Setup status · Strong leadership structure

Trend, relative strength and setup quality align with leading momentum names.

Relative strength Strong
Breakout readiness High
Accumulation Constructive

Bullish factors

  • Volume quality 32 weak (-5).
  • Price is approaching the pivot zone.
  • ATR 3.1%/day — healthy volatility (+4).
  • Action-ready zone: RS and pivot distance aligned (+5).
  • Pivot type: flat-top — premium structure.
  • Quality decay ×0.97 on raw 115 → 111.
  • RS ×0.97 (rank 86).
  • Volume flow suggests quiet institutional accumulation.
  • Volume persistence 1/3 — capped at Strong.

Risk factors

Overall view

Strong leadership structure — key momentum and institutional cues are broadly aligned for continued research.

Size this trade

Setup research

NAM-INDIA — trend, RS & risk snapshot (not a trade recommendation)

Signal · context · invalidation · risk · skip reasons — research only

Positives

Coiled at the pivot — breakout trigger is imminent

  • Volume drying up into the base — supply fading
  • RS line at new highs — leadership intact
  • Confirmed Stage 2 uptrend

Flagged today

Context & regime

  • Market regime Mixed / range-bound
  • Trend stage Stage 2 — tradable
  • Sector Mid-pack (#21/43)
  • Relative strength Leader (RS 86)
  • Trend strength Building (ADX 26)

Negatives

This idea is wrong below ₹1126.1 (2.7% away)

Base / stop support breaks — the swing thesis is wrong below here

  • Stop / base low₹1126.1
  • Pivot — failure re-entry below₹1191.3

Risk distance

5.9% to stop
1.9× ATR
3.3× R:R
19.4% reward

Risk ≈ ₹71.2/share from entry ₹1197.3.

No major skip flags detected from current scanner data.

Setup metrics Base Formation

NAM-INDIA Technical Analysis & Swing Setup

Grouped structure, momentum and risk from the latest base formation scan.

Volume Profile bearish
POC₹1089.55
VAH₹1153.83
VAL₹981.09
Vol above POC28.2%
Institutional Activity — Heavy Accumulation
Avg cost basis₹998.16
Acc zone₹813.2–1191.3
Accumulation Sessions9
CMF0.15

Structure

Trend / stage
Stage 2
Stage 2
Weekly trend
Above rising 30-wk MA
Uptrend
RS rank
86.0
Strong
ADX
26.0
Building

Momentum

RSI
59.0
Strong
Recent move (10d / 20d)
+9.0% / +5.6%
Neutral
Volume quality
32.0
Thin
Relative strength
Leading
Leader

Risk

Failure risk
8.0
Low risk
ATR % / day
3.1%
Healthy
Distribution
2 day(s)
Accumulation
Volatility
5 VCP
Contracting
More scanner fields
Sector RS 0.0%
Base 16w · 33.3%
VCP waves 5x
Vol dry-up Yes
Avg value ₹142.7 Cr
Failure flags None

NAM-INDIA Support & Resistance Levels

AI insights

AI Insights

Generated with AI

These insights are AI-generated to support your research process and should not be treated as investment advice or a recommendation to buy or sell securities.

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Pattern context 52w · setup · flow

52-week range

Stage-2 ideal band  ·  Early recovery

Pattern highlights

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Pattern signals from the latest scan

Smart money flow

Last 60 sessions · accumulation vs distribution

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Session flow 60 trading days
OBV trend On-balance volume · same window
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Accumulation Distribution Neutral
Setup intelligence Overhead · VCP · radar · risk

Overhead supply

Resistance ceiling above current price

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Chase / failure risk

Honest read on exhaustion & extended moves

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Base / VCP coil

Depth, contractions & pivot distance

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Setup quality radar

Shape of the setup in one view

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Peer comparison Sector peers

Sector Peer Comparison

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NAM-INDIA FAQ Common swing-trading questions

Frequently asked questions about NAM-INDIA

What are the screener observations for NAM-INDIA?

On Swing Edge's swing-setup framework, Nippon Life India Asset Management Ltd. (NAM-INDIA) currently grades A — high-quality setup. Coiled at the pivot — breakout trigger is imminent. Flagged today. This is educational research, not investment advice.

What are NAM-INDIA's support and resistance levels?

For NAM-INDIA, near-term support sits around ₹1,126.1 (the base/stop zone); overhead resistance is around ₹1,191.3 (the breakout pivot); the next resistance above is ₹1,429.6. This is educational research, not investment advice.

What is the breakout / pivot level for NAM-INDIA?

The breakout pivot for NAM-INDIA is around ₹1,191.3. Price is about 2.9% below the pivot and still building toward it. A breakout is typically confirmed on a close above the pivot with above-average volume. This is educational research, not investment advice.

Is NAM-INDIA above its 50-day and 200-day moving averages?

Yes — NAM-INDIA is in a confirmed Stage 2 uptrend, trading above its rising 50- and 200-day moving averages, the zone where swing setups tend to work best. This is educational research, not investment advice.

How strong is NAM-INDIA versus the market (RS rank)?

NAM-INDIA has a relative strength (RS) rank of 86 out of 100 versus the NSE universe, making it a market leader — stronger than most NSE stocks. Trend strength (ADX) reads 26, indicating a strong trend. This is educational research, not investment advice.

Answers are generated from Swing Edge's latest scan data and are for research only — not investment advice.

Prices and day-change figures use the last daily close from scan data dated 2026-06-24 — not live intraday NSE quotes.