Chinmayonniftyy

NMDC: BULLISH FALLING WEDGE BREAKOUT

Long
NSE:NMDC   NMDC LTD
Price action in NMDC shows a clean breakout of a downsloping wedge pattern. Metal stocks are on a roll and NMDC could soon follow suit. Buy at CMP, keep a stop below 170 and shoot for a target of 195+, Hold for around 14 days.

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