Had Bo the horizontal line & closed above it today. can buy with Sl 158 closing basis for 175 Levels
NMDC reversing from 71.6% Fib level. Good risk to reward ratio but a risky trade as the market trend is still bearish. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries. Disclaimer :- This is just my view. Please analyze charts yourself and then...
NMDC looking good on chart.Above 161.90 should hit 165++ gap should fill.Keeping on radar NMDC 160 CE for very short term.
Self explanatory chart, strong fundamentals and expecting a good move in this script
Lot of technical reasons for choosing NMDC . 1 As per Ichimoku in daily above cloud 2. as per renko 3% first time above 20/40 EMA line 3. as per candle RSI is above 62 which is first time after long time . Buy NMDC above 152 And stop loss is on closing basis of rs.139 . always keep stop loss
The stock gave a breakout with a strong bullish candle breaking the trend line of past 245 days with volume expansion.
NSE:NMDC has broke the downward trendline followed from 12 May 2021. Next 2 resistance levels to watch: Resistance 1: 146.5 Resistance 2: 157.9 Trade Plan: Entry - Below 140 SL - 129 If weekly close above the trend line, we can go long for couple of weeks
NMDC once breaks trend line its achieved target 1 now in retracement, so this correct time to think about buy this range and will expect 200+ in 2022
Stock Analysis - NMDC: Daily Timeframe: 1. Current price is well below 200 MA - indicates bearish region. 2. Multiple support ar Rs.134 3. Resistance reduce from ATH of Rs.203 thru Rs.180 and Rs.160. 4. After touching 4th support, three consecutive green candles formed with spike in BUY volume, which indicate to go up. 5. But, Rs.148 is the deciding point which...
This stock is looking good at current levels and more above 156, it has started wave 5, once wave 5 unfolds we can see 200+ levels. One can go long with mentioned key levels in chart. Once it closes above 156 then boom Breakout with good intensity of volume Key levels are mentioned in chart Wave Structure could be like this Macd in weekly is turned...
NMDC 15min chart forming Ascending Triangle with major resistance at 155. 14 Oct 2021. Watch out Breakout.
NSE:NMDC A triangular pattern is observed in NMDC. We can expect a breakout or breakdown opportunity in the coming trading sessions. Happy Trading.
NMDC looking good above above 155 for 180+ with Sl 147 in mid to long term
The stock has broken out and took support at the previously upper trendline. Trade is supported by brokerage calls and Supports Nearby. The stock has previously broken out with good volumes and retested the upper trendline, the point of entry. Risk Reward Ratio - 1.5:1 SL is placed below multiple major support zones and previously upper & lower Trendlines. Target...
NMDC broke out of a long term Descending Trendline...Good script for positional buy...Possible to reach 300!
NMDC is retracing, we have crucial supports, should some resilience to the bearish support, consolidate, spend some time int this area before moving anywhere.
It has a great breakout and has the potential to go up even till 232 but a safe target is 207-210.