Keep an eye ! Simple price action, no Jazz!
NMDC looking for breakout above 186 ( if sustain ) target should be 190-192-195++ SL 180-182
DATE: 24 MAY 2021 INSTRUMENT: NMDC TREND: BUY TIME FRAME: 3HRS CMP: 182.75 BUY ABOVE: 184.50 TGT 01: 192.05 TGT 02: 203.15 DISCLAIMER: We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
Nmdc have been into a long accumulation phase now stock have started itsvupmove nngot rejection atv190..200 supply zone . New entry can be made around 155..165 sl 140 tgt 200.. 250.. long term 600..700 4..5 years Only for learning purposes. NSE:NMDC
Studying the EW wave with Harmonic and finding out high probable zones from from which swing high and swing low forms up has been a passion for me. I think EW wave analysis with Harmonic M and W structure provides low risk and high probability setups. One of the advantage of this analysis is to have minimum risk as these are all leading indications of the price...
One can enter in stock now as well (CMP 138) and accumulate till 127 levels downside targets are Open & immediate targets are 150, 170 to manage risk, kindly consult your financial advisor
Look at the beauty of Price Action. It was consolidating for 9.5 years. It gave breakout of 7 year trendline breakout. Please Try to take position above daily candle close of 206.6. Safe players play above closing of 207 of weekly candle close. Look at the Volume marked below.
NSE:NMDC has already broken out of its relative strength charts vs Nifty 50 and vs Nifty 500. The volumes in its own chart are at an almost all-time high, signalling huge institutional interest. The only thing that can temporarily stop this stock is this trendline in the Relative Strength chart vs CNX Commodity. We are already all-in on this, and watching closely.
Dear trader, If u look at the chart of NMDC (analysis based intraday only) the NMDC Buy at 185 and Target at 193 Best Buy at 183. Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade. Best Buy level might be executed or might not be executed. The chart clearly indicates Bullish Trend you can also...
Inverse Head and Shoulder Formation in GNFC on weekly charts. Above 255 we may see 320-330 levels. I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational and educational...
for making upside move price has to give breakout with huge volume.
NMDC- CMP 123.25 - NMDC has made a cup and handle breakout yesterday with good cash volumes and OI rise in futures. It can go up to 131, 138 with a SL of 120. This is for educational purpose only and any investment done shall be with the advice of financial expert.
Hey NMDC fans... here is my buy call for this stock .. with a target of Rs. 103 Rs. 103 target for NMDC
*Enter with limit order on 97.7 *target till 107-108 Thanks for reading!
NM DC above 200 DMA and also testing at swing high breakout out level wait for the breakout and ride it (as two bullish candle at the top found in 4hr time frame)