nirav5

Potential Bullish Cypher on NMDC

NSE:NMDC   NMDC LTD
7
We have another Harmonic opportunity in NMDC.
If the Cypher pattern gets activated near 116- 118 zone we can have a good opportunity in creating long position.
Do not get hurry in creating the position, as currently NMDC is trading at 123.

We will wait for the stock price to dive below 120 and observer the price action behavior in the zone of 116 - 118.
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