NSE:NMDC   NMDC LTD
269 views
20
269 11
stock is in down trend
chances of another break down is not ruled out
one can look into this stock at current levels
for a target towards 121/118
with sl placed around 127
Comment: trade not active till now
Trade active
Comment: first target reached
Comment: revise sl for second target
Comment: stock close to levels mentioned
Comment: target reached
exit position
i hope you know the stock is currently tarding next to strong trendline support levels,and once resistance once 127 is broken we can easily see 132-132.
so watch out before going short.
Have a look at my post on nmdc.
Reply
bearishbull1968 NamantSatiya
@NamantSatiya, thank u for your update. hope u went through the chart i mentioned break of the support u mentioned
Reply
bearishbull1968 NamantSatiya
@NamantSatiya, haven't pulled the trigger yet bro, thanks
Reply
bearishbull1968 NamantSatiya
@NamantSatiya, checked there was no post from your side
Reply
NamantSatiya bearishbull1968
@bearishbull1968, Yes its a strong support and even on the weekly charts its on the support.Currently the 20ema is acting as resistance
Reply
NamantSatiya bearishbull1968
@bearishbull1968, sorry my idea was private.Check now
Reply
bearishbull1968 NamantSatiya
@NamantSatiya, no issues bro, will check
Reply
Is this trade active today ?
Reply
bearishbull1968 vsravankumar
@vsravankumar, trade not active till now
Reply
According to both views the stock is moving. Thanks for both
Reply
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