TradingWithRahul

3 reasons to buy NMDC

Long
TradingWithRahul Updated   
NSE:NMDC   NMDC LTD
1) Triangle pattern breakout and retest.
2) Uptrend support
3) Good volumes
Can be bought for a target of 194. CMP-178. SL will be 170 on a closing basis. HIT the like button if you liked my analysis and do FOLLOW for regular swing trading ideas.
Trade closed: stop reached: Sorry guys, but it hit the SL today. Failures are a part of markets no matter how good analysis you do. Thanks for supporting the idea and for all the likes. Do check out my other ideas as well.
Comment: If anyone wants to hold or can hold, they can do that. It's a fundamentally good stock and can be kept in the portfolio.
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