TradingView
RK_Charts
Oct 17, 2021 2:53 PM

NMDC LTD Long

NMDC LTDNSE

Description

This stock is looking good at current levels and more above 156, it has started wave 5, once wave 5 unfolds we can see 200+ levels.
One can go long with mentioned key levels in chart.

Once it closes above 156 then boom

Breakout with good intensity of volume

Key levels are mentioned in chart

Wave Structure could be like this

Macd in weekly is turned uptick

Macd in daily positive crossover and Uptick

Rsi in daily uptick and near 60


Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
Comments
amit_trading
I think ..leading diaognal wave 1 is in progress ... there can be a small wave 2 correction
RK_Charts
@amit_trading Good observation bro
More