NMDC 1. Wait for a breakout from the descending channel.
2. Alternatively, wait for the stock to take support in the marked green zone and watch for a reversal.
3. If the support level is broken, a further downtrend is likely (the stock is already in a downtrend).
Vignesh
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Vignesh
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.