NMDC LTD.Updated Will it continue to rise?
NMDC has formed a supply zone of 125 to 140 on a monthly chart. Forming a triple top pattern. Whenever price enters the zone it falls down. Hence it is at a crucial point technically. This does not mean that stock will fall now, it is all probability which increases when such patterns are formed.
Note
It is not able to cross the level of Rs. 144.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.