Vijayaraghavan
Long

NMDC Sort& mid term view

NSE:NMDC   NMDC LTD
NMDC may move and hit the targets. Indicators are showing bullish signals. It has the strength to hit the final target. Monthly MACD crossover also happen upcoming months. Immediate stoploss below 97 on closing basis. Note: Long term stoploss given in the chart.
Trade active
Comment: Target 1 reached ; Stoploss: below 105 on closing basis. (Note: one can enter once again if comes near 102 to 98. Weekly indicator shows still bullish)
Trade active
Comment: Stoploss: 109 below on closing basis.(If hits, Can enter later) Weekly indicators still in bullish side.
Comment: Short term traders can book Profits inbetween 123-126. Call given at 102.5.
Comment: Target 2 reached and still bullish only as per monthly chart. Stoploss below 112.7 on closing basis
Trade closed: target reached: Hope all are booked the profits. Long term traders can wait for 3rd target with stoploss 112.7
Comment: Still showing its strength.. Stoploss@ below 118 (Closing basis)
Trade active: Stoploss @122.5 on closing basis.

Comments

NMDC is really good with STOP LOSS: 97 for Dec-2019 future...
Reply
@Pandyah, yes..
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