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NMDC Ltd. - WEEKLY - BEARISH
NMDC LTD.
Short
NMDC Ltd. - WEEKLY - BEARISH
By Garey_Singh
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May 18, 2020
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May 18, 2020
NMDC Ltd.
Trading in a rising channel and likely to see breakdown below swing low of 69.5.
Technical parameters suggest weakness in the stock. BEARISH TREND IN WEEKLY & MONTHLY TIMEFRAME.
On the upside 80-82 zone likely to act as a crucial resistance zone for the stock as of now.
Keep a watch.
Chart Patterns
Technical Indicators
Trend Analysis
Garey_Singh
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