CT143

NMDC | Breakout

Long
CT143 Updated   
NSE:NMDC   NMDC LTD
Positional - Long Term Trade

POSITIONAL = Entry :- 140-145 | Stop Loss :- 130-120 (Or According To Your Set Of Rules | Target :- Let It Show Weakness, Till Then Ride It.

-- Look For Healthy Volumes . Or Get Ready To Exit The Trade.

(Risk Must Be Managed.) :- Intraday & Swing = < 2% / Positional = < 5% (Good Risk Per Trade).

Keep Your Eyes On Index Or Any Bad News That Affect The Trade Or Market.

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-------------Any Suggestions--------------
Comment:
I Am Seeing Bearish Divergence In Daily & Weekly

So Keep Your Eye On That

Divergence Only Confirmed If Stock Started Falling Heavily, & RSI Divergence Indicator Confirms It, Right Now It Isn't Confirmed,
That Means Stock Has To Move Up Sharply To Avoid Bearish Divergence Formation.
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Activated Today.
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