Shredskin

NMDC Sell opportunity- After a pull back

NSE:NMDC   NMDC LTD
NMDC could retest its weekly lows before any upward moves. The recent move has been fast and long so there's a high probability that this will see a pull back/ correction. If we get that pullback, the risk reward could be favorable for a shorting opportunity. There is also a possibility that the price will shoot down to retest the weekly lows without a correction in which case we can look for buying opportunities. Currently, I think NMDC is a sell- only after a pull back.
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