NMDC Swing Trade NMDC swing trade active if big green candle daily time frame closes above 159. it's good to swing a trade for nmdc stock.
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NMDC trade ideas
NMDC Sliding DownSETUP
NMDC has been trending up for most of 2021 up from 110 to 213
Over the last 3 months NMDC has lost the momentum and has broken below the trend line support.
Currently NMDC is trading at 152 just above its flat 200EMA acting as support.
We are seeing a bearish step up as NMDC continues to form lower pivot lows (165 to 186 to 145 to 158)
TARGET
Keep an eye on 145 - 148 levels to short NMDC for a target of 110.
110 represents the next support area as well as 1.618 extension of the first swing low from the top.
STOP LEVEL
162 is a good stop loss level for the trade.
All the levels mentioned are spot/cash.
Neutral - NMDC.NMDC is retracing, we have crucial supports, should some resilience to the bearish support, consolidate, spend some time int this area before moving anywhere.
NMDC AS ON 05.08.2021GIVING A BREAKOUT!!
Can make a good call
IF HONOURD SUPPORT !!
MACD showing weakness!!
RSI BELOW 60!!
Let see if it goes high!!
TARGET PRICE= 190
(THE ABOVE ANALYSIS IS ONLY FOR STUDY PURPOSE DONT TAKE AS ANY BUY OR SELL CALL)
NMDCIt has a great breakout and has the potential to go up even till 232 but a safe target is 207-210.
NMDC - good returns from here!1. Reversal of polarity
2. Watch out the intact support of 50EMA every time.
3. Pennant BO
Futures trade can be taken.
Stop loss and Target is marked.
NMDC FALLING TREND LINE BREAKOUT WITH VOLUMENMDC after consolidation had breached the falling trend line and closed on the higher side indicating a fresh breakout. Volume is also rising indicating a strong trend. Can gradually edge towards 195.
NMDC NMDC chart for tomorrow trading.. we can see a clear Day breakout we can buy for along position with strict stoploss
NMDC Momentum callI always prefer buying stocks at the support than after breakout in not very strong sectors
NMDC is getting ready to go UP??NMDC: seems like in the the process of completing full cycle Elliott wave and formed symmetric triangle. Is it ready to go UP???
NMDC long trade from 18.06.2021.NMDC has formed a compression to demand and also ready to take off which is clearly shown by the VCP formed. Let's hope for the move.
NMDC LongNSE:NMDC
NMDC is forming a triangle pattern and if it is not breaking the 171 level. There would be a good chance that it would move higher once if breakout the 183 price level for the targets 195 & 208. This would be supported by the Jun 22 results as well. If it is good result, then it would be a solid confirmation for long.
Sell NMDC if opens below179 to 178 sell to target 174Sell NMDC if opens below179 to 178 sell to target 174
NMDC LONGA RECENT BREAKOUT OF THE RESISTANCE @131.35 SUGGESTED LONG ENTRY AT CMPFOR THE TARGETS OF 184.20 AND 187.35
My view on NMDCNMDC looking for breakout above 186 ( if sustain ) target should be 190-192-195++
SL 180-182
