breakout of cup and handle pattern in upside it is already bullish from last two month target are drawn on the chart possibilities it can hit the target
Looking bullish Good chance it'll go to 130 with a SL of 120 Good risk reward ratio
NMDC Sell for intraday trading if stock break the given support level.........
Cup pattern formation for 10+ yrs taking to break with positive high volume at the swing low on weekly TF entry 131 break above 140 for target 169-189-216-267-335-385 SL- 107
has given breakout above 127 on daily charts, shall be invested. fibo levels on weekly suggesting targets obove 150. is a good funda stock and slow mover shall invest try not to trade. Moving averages and RSI suggesting can move fast. but still make it as investing call. short term targets shall be 135-40. Dis- charts are for education purpose buy as per your...
AFTER 9 MONTHS C&H AND RSI BREAKOUT WITH HEAVY VOLUME Golden crossover Bullish crossover ENTER AND EXIT LEVELS 127 120SL (5%) 147 TARGET (15%) RR 2:56 READ ITS FUNDAMENTALS AND PLAN ACCORDINGLY educational purpose only!
Metal stocks shown some strength in last few days and consolidating in last 1 week. n sustaining above 125 we may see a good move in NMDC, Keep the scrip in radar
NMDC strong support zone is 70 strong Resistance zone is 126
analyse yourself.it is not a target for anybody . it is only for educational purposes.please analyse your own conviction setup.
Context - High volume MarkUp into 100-200 zone after 10 Year long causality in 50-100 zone Up from Nov'20 to May'21 met supply at 190 Demand appeared at 100 in Jul'22 Plan - to Purchase Breakout above 145 or, rejection indications near 100 PB 1x PE 5x ROCE 36% Div 11%
The idea here is about NMDC: NMDC Limited (NMDC) is an India-based iron ore producer and exporter. The Company operates in two business segments: iron ore and other minerals and services. The Company is engaged in the exploration of a range of minerals including iron ore, copper, rock phosphate, lime stone, dolomite, gypsum, bentonite, magnesite, diamond, tin,...
educational purpose only nmdc #nmdc nmdc #nmdc nmdc #nmdc nmdc #nmdc enter only at trendline support to ride the trend
Big news, the demerger succeeded, After bottom formation on strong support of 135,
📊 Script: NMDC (National Mineral Development Corporation Limited) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY METAL 📊 Sector: Metals & Mining 📊 Industry: Industrial Minerals 📈 NMDC has given volume breakout we may see rally in future. 📈 Stock is trading at upper band of BB. 📈 MACD is already in crossover. 📈 Already crossover at Double Moving Average. 📈 Right now...
NMDC in Weekly Forms like a Double Tops and it will give a nice breakdown but now 1. its retests the previous levels for the resistance zone 2. Trendline Breakout 3. Taking 200 EMA Resistance with red candle 4. Awesome Oscillator Shows Down which means its indicates Bearishness wait for a confirmation and take a trade!
High volatility in global markets Tomorrow can be huge gap dawn opening Square off positions for now Books profits @131.50
False breakout with RSI already high Without real volumes
Buy & Accumulate more NMDC achievable Target in short term @135