Why this Trade..??
1.Triangle Pattern
Buy or Sell based on the Support Break with Volume
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
After a long term downtrend , Stock has given a breakout from an Ending Diagonal Structure which suggests that the previous trend is over & a new trend is developing . With the formation of HH HL in an impulsive manner we can say that stock has turn around & is ready to move up. Stock has made a high of 213 breaking all the previous resistance in the zone of...
NSE:NMDC
#NSE:NMDC 135 CE shared with entry @ 4 and it made high of 8.5
Other stocks with their results also shared for your reference with charts.
Hit like if u found the analysis useful....
Stock is close to long time support trendline. If sustains above can go up to the levels of 154/180. Exit below 130 on a closing basis for a couple of days.
For learning and sharing purposes. Not a bit of trading advice.
Please comment with your views.
All the best.
NMDC form perfect triangle chart pattern, bullish engulfing candle seen at triangle bottom. its indicate correction is over here and stock may start bullish trend from that point.
BUY @143.05
TARGET 1- 160 short term ( 15 -30 days )
TARGET 2- 180 mid term ( 1-2 month )
TARGET 3 - 200 long term ( 1 year )
Stop loss 130
all this analysis...
NMDC Current STRUCTURE- Rounding Bottom Breakout + RETEST
MULTIPLE CONFIRMATIONS :-
* Volume Expansion - Volumes since the last three months have been huge and continuously expanding
* RSI bullish Divergence- NMDC is forming flat bottoms whereas RSI is forming Lower Highs which is contradicting hence we listen to what RSI is doing and this is an early signal...
You guys can look upon this . Here i can see a higher possiblity for uptrend after some consolidation . i think the trend gonna start around 12 to 1.30 pm so get ready.
This company is in enrichment of thorium in India
and Fundamentally very sound company. reported very result as PAT and EPS has increased
improved www.screener.in
Pick for the Long Term!
NMDC is fundamentally very strong counter with very low PE level of 4.68. On technical chart, best levels for accumulation would be from CMP to 132.
PE 4.68
Profit Margin 45%
Promotor Holding 61%
Company is almost debt free
Stock is providing a good dividend yield of 5.45%
Company is expected to give good quarter
Company has delivered good...
NMDC LTD LONG (18 Oct)
Ascending triangle breakout
Crossed all moving averages
Buy at CMP -158
SL-144
Target- 169, 176, 185
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Charts and views are only for educational purpose.
Scrip: NMDC
Current Trade Rationale : Bouncing from Support zone of 140-150
Setup: Investment Idea, More position can added in zone of 75-100 (In case of market sell-off),
Target - 180. More positions can be added at lower levels. So do not put all the money in one go, buy 50% now.
if able to ride the momentum, close the position on reaching target. If get...
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
