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NMDC EtStockReco

Long
NMDC LTD (NSE:NMDC)  
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NSE:NMDC   NMDC LTD
Trend Analysis etstockreco
2
0
trendanalysis 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
Comment:
Trade is inching towards trend channel line.
Trade closed: target reached:
Slow but steady trade.
Trade active:
Buy with SL of 85
Trade closed: stop reached

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