NMDC - Morning star in the works (Bullish trend)

Jul 7, 2017

Scrip can push up towards long now as major volume trading has been seen resulting in green candlestick engulfing and forming morning star pattern
Rest in chart..

Jul 7, 2017

Note

Higher the green candestick engulfing from previous candlestick, more powerful it becomes :)

Jul 10, 2017

Trade active

Aug 11, 2017

Note

The scrip has shown morning star alike formation again on 30 mins. chart
Planning to join the bullish reversal again towards resistance levels if the scrip goes beyond 121-123 range (confirmation) and nifty momentum shore up the trend

Aug 11, 2017

Note

Recent good Q1 YoY results also support the affirmation
indiainfoline.com/article/equity-earnings-result-commentary/nmdc-results-q1fy18-standalone-net-profit-rises-36-2-yoy-to-rs-969-crore-beats-estimates-117080900858_1.html