Cup and Handle Breakout in NMDC Steel.Cup and Handle Pattern Breakout in NMDC Steel.
40 Price level was acted as strong Resistance, now that level is broken with good candle and significant Volume.
Retested that level and 41.55 was the high of the breakout candle.
If today's candle closed above that level, then there is a high chance stock can move till 49-50 Range in Coming days.
38 is the idea Stop-loss.
This is just a view not a Recommendation, Do your own analysis before making any investment in Stock MARKET.
NSE:NSLNISP
