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NMDC LTD.
Long
Jun 5, 2021
NMDC - Ascending triangle + Volume expansion
4
5
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10
10
Key Highlights:
1. Bullish market structure - HH, HL
2. Volume expansion
3. Forming Ascending triangle
4. May pullback to the 183-186 zone
5. Target: 198, 213, 224
I have made an illustration on the left-hand side, to explain the ascending triangle pattern.
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S:
This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
johntradingwick
Follow
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Blog:
tradingwick.in/
✅ Amorella:
amorella.in/
Also on:
Chart Patterns
Technical Indicators
NMDC
nmdclong
Trend Analysis
johntradingwick
Follow
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Blog:
tradingwick.in/
✅ Amorella:
amorella.in/
Also on:
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