raj.zing

NMDC @ 133.15 Buy above 135 for Targets of 138,141,147.SL 128

Long
raj.zing Updated   
NSE:NMDC   NMDC LTD
Currently at a FIB levels of .68 from the fall from 150 to 103.

Breaking out of the Downward Trend. There has already been a false breakout. Wait for confirmation.

Buy above 135.
Targets 138,141,147 and 150

SL 128
Trade active:
Buy Activated. It was Gap-up opening. Volumes are slightly higher.

Revised SL to 133
Comment:
Target 138 achieved.

Trailing SL at 135
Comment:
Closing Price at 141.05. Second Target of 141 achieved. 41.05 is also the 78.6% retracement level of the fall from 151.25 to 103.56

Trailing SL at 138.
Trade active:
2/Jan 2.05pm: CMP 147.65
Third Target 147 achieved.

Trailing SL at 145.
Trade closed: target reached:
3/Jan Closing Price 149.25. Final Target of 150 reached. Price Reached a high of 152.75.

Price set to go much higher. Will come up with an updated View / Chart
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