finalyticsbreweries

NMDC: Cup & Handle formation in Progress

NSE:NMDC   NMDC LTD
NMDC is near its major supply zone on 96 rs levels. It has correcred thrice from these levels.

Price has been fluctuating between 80-90 levels for many days & had made a cup like structure. Handle formation has been started.
If it brokes the resistance of 96 rs with good enough volume, go long.

buy: above 96
Target: 105
SL 85
Comment:
Buy triggered
Trade closed: target reached:
Target achieved

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