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amankavi

NMDC - Morning star in the works (Bullish trend)

Long
NMDC LTD (NSE:NMDC)  
amankavi Updated   
NSE:NMDC   NMDC LTD
4
0
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..
Comment:
Higher the green candestick engulfing from previous candlestick, more powerful it becomes :)
Trade active
Comment:
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

snapshot
Comment:
Recent good Q1 YoY results also support the affirmation
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