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

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