NMDC is a Nifty Next 50 stock. Safe fundamentals. It has just completed its OFS at 165. The market price did go near to OFS but did not break it. Has been in green today while market is down.
There is an opportunity to keep buying it on Green line and selling on Red line for short term swings. Expecting momentum to take it to 210 levels by Feb. Let's see how this goes.
Not responsible for any profit or loss. Please do own DD. Thanks!
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Came back down after nearing the sell trendline as expected. Should be an attractive buy at 160 now. Let's see.