SoftEngTrader

NMDC |BO and Pull Back| Cup & Handle | Volume | 3 Hour TF

Long
NSE:NMDC   NMDC LTD
NSE:NMDC

Long Trade Opportunity

Breakout after nice consolidation.

Cup & handle pattern with BO from supply zone with volume support.

Pull Back also done.

Target is choose based on multi-time frame resistance. RR 1.05

Please don't forget to hit like button if you liked the idea and please comment your views. It will motivate me to post more.

Thank-you !
Trade closed: target reached: target achieved !
Comment: ~6% profit in 3 days

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.