15/10/2023 NMDC: Inverted head and shoulder pattern, CMP:159 Target : 10 to 30% SL:154 Information is only for study purpose
multiyear breakout in NMDC....wait for retracement at levels of 150 and below for multibagger returns. hold for mid to long term for massive return. Keep an eye on 150 levels and below. accumulate & hold tightly.... #Kasmir "Li"
NMDC has made a huge rounding bottom pattern of its long time chart. For around 12 years , the stock took resistance around 150 and this week it has finally give a successful closing above. Even volume based buying can be seen on chart, hence, I am recommending to take a trade. Breakouts after such a long period should be taken very seriously and I am not...
💥NMDC💥- Nice Breakout Capital to be deployed- 20k Investing Price -155-159 Breakout Price -155 Stoploss-133 Targets-216-359-467 RT for max reach. #NMDC #StocksToBuy #stocks #StocksToTrade #StocksInFocus #stockstowatch #StocksInNews
"NMDC Stock Trade Strategy: Buying at 155 with 150 as a Support Level, Setting Stop-Loss at 140, and Aiming for 217 - Leveraging Weekly and Monthly Breakouts Since 2012" 1) Stop-Loss: This is the price at which you are willing to sell the stock to limit your losses. In your case, you've set a stop-loss at 140. If the stock price falls to 140, the system will...
Keep an eye on this stock. Breakout expected in the upcoming days. Healthy P/E ratio of 7.2. Looks ready for a good rally.
Inverted Head and shoulder pattern in weekly time frame. Bullish view
DISCLAIMER : All views are for learning purpose only. NMDC :Looking good on weekly chart with base formation of 130 levels, having structure break ,above 150 we can expect 160 -170-180-190 in short term
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 4% profit (In my observation, I found that most of the stocks reached 3% to 4% on weekly basis) Please consider these ideas for educational purposes.
*NMDC* C&H Formation on Decadal / Yearly Basis. Strong ATH Priceline BreakOut & Sustained. Strong Vol BuiltUp post Yearly Consolidation. Move may be Fast & Furious!!! Resistance @ 162/205/219 to be Watched. Book Profit as per Risk Appetite. Trail SL with Upside. Do Your Own Research as well. This is an Opinion. Happy Investing 😇
so it is a clear cut breakout with a follow-up candle that confirms the breakout. the breakout was supported by high volume. it may come for a retest to the levels from where it gave the breakout that can be a point of entry. this is not any type of investment advice do your analysis before putting any of your hard-earned money.
Learning and Education Purpose Only No Buy and Sell Recommendation.
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...
NMDC DAILY CHART Breakout @ 110.50 Target @ 126.80 NMDC has witnessed a double bottom formation breakout on daily charts. Its only an observation & not any suggestion.
Looking good forming an an inv H&S kind of pattern on monthly time frame. RSI is over 65 and MACD crossover also being done Volumes are being seen from the last couple of months Please check the levels marked in green for targets and trailing SL
Near Trendline Breakout Target Life Time High Price action and RSI is bullish with Volume Support Plan Your Trade with Small SL
NMDC making HNS pattern , need to break 130 for confirmation of breakout , and iron ore prices are also increasing thats why it is moving , whenever it will break 130 then next targets will be 140-150-160. Thank you
Earlier Head and shoulder pattern was formed on NMDC breakout of the pattern has already happened and now it is retesting so a good bullish move is expected. Target - 118.70