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ssudhirsharma11

#NMDC making shampoo pattern on weekly timeframe, go long?

NMDC LTD (NSE:NMDC)  
ssudhirsharma11 Updated   
NSE:NMDC   NMDC LTD
Trend Analysis Chart Patterns NMDC nmdclong nmdcbuy Inverse Head and Shoulders
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trendanalysis chartpattern nmdc nmdclong nmdcbuy inverseheadandshoulders
NMDC on weekly time frame is making a pattern named after a popular shampoo brand, "Head & shoulders :). Generally in Inverted head shoulder pattern breakout we can calculate the target basis range breakout method, so according to me above 134.5 it should touch 191 in coming months. But before touching 191 there are multiple resistances at 142/150/157/169, so we need to be careful around these levels.
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