NMDC EtStockReco
Motilal Oswal : Target 120
Buy when it tests the trendline and forms bullish reversal bar.
What is a bullish reversal bar on retest?
Shown on chart
Why imp?
1.Momentum
2.Stop Placement
Buy when it tests the trendline and forms bullish reversal bar.
What is a bullish reversal bar on retest?
Shown on chart
Why imp?
1.Momentum
2.Stop Placement
Note
Trade is inching towards trend channel line.Trade closed: target reached
Slow but steady trade.Trade active
Buy with SL of 85Trade closed: stop reached
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