skk0048

Taking multiple support at level and seeing high demand

Long
skk0048 Updated   
NSE:NMDC   NMDC LTD
Stock consolidated from some time. Now taking support at 130 to 134 level multiple time. and bounce back again and again. In upside volumes are higher and increasing. Hence it is showing at good supply zone. We can take long position for target for short term 158 and long term 180+
Trade active:
stock went in side ways. trade still valid with stop at 120 on closing basis
Trade closed: target reached:
First Target reached, wow

partial profit can be book, for remaining qty wait for second long term target
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.