gulz
Long

Dual Bullish Sharks on NMDC

NSE:NMDC   NMDC LTD
217 views
5
217 3
Hey,

Two sharks patterns are developing on NMDC             daily chart ( one is about to complete), either of one may activate soon & may give good trade opportunity, watch out the PRZ.

Trade levels will be updated based on which one is going to active.

Trade with Care
Gulz
Trade active: Price hit 2nd bullish shark PRZ- expecting reversal , Watch price action for timely entry.
Trade active: 2nd shark got activated.
Target would be as shown below
Trade active: RSI Signals bullish time ahead, Time to make entry ?
Trade active: Target 1 is so close
Trade closed: target reached
Trade closed: target reached: 2nd target hit
hi, why not a sell call on this if 121 or 112 is possible?
plz update your view on this. like to understand how TA works. i am new to stock trading.
kamal
Reply
gulz ksahuja
@ksahuja, i'm more comfortable with proven trade setups ( we are anticipating a move (D leg completion) here but it may not happen, just think where do we keep our stops incase its not moving as per our expectation? )
Once it complete the pattern, we will have a good proven trade setup with good entry criteria ( with less risk & more profitability).
if you are new to harmonic trading , please go through harmonic trader by scott ( 2 volumes) , it will clarify all your doubts.
Regards
Gulz
Reply
@gulz, thanks a lot . will read the mentioned author
Reply
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