Long NMDC, Channel breakout coming soon !!
Updated
CMP: 132
TGT: 148
SL: 127
It is observed that the price is moving in an upward channel, can breakout soon.
Disclaimer: I am a novice at charting and this chart is for educational purpose only . Views an opinions are welcome
TGT: 148
SL: 127
It is observed that the price is moving in an upward channel, can breakout soon.
Disclaimer: I am a novice at charting and this chart is for educational purpose only . Views an opinions are welcome
Note
Bounced thrice from the support line of 133. Stay long as long as sustains above the support lineNote
Alternatively yesterdays candle can be viewed as a hanging man, and this bearish candle as a confirmation of beginning of downtrend. Also it is S/R line of 133. Wait n watch mode.Note
Bounced from support, keep holdingTrade closed manually
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