SelvabharathiGanesh

NMDC: Cup with handle breakout soon - Est. Profit 17%

Long
NSE:NMDC   NMDC LTD
NMDC forms cup with handle in the daily and weekly timeframe. It is likely to breakout soon. If it breakout up side we can expect a rally towards 145-150 price range (Estimated profit 17%) with the stoploss of 119 on closing basis (Daily timeframe).

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