NMDC

Marked swing Points, trend lines and Fibonacci level can be used for trading along with some momentum indicators. Try to lookout for confluence of these parameters, don't trade solely using any one of these parameters. P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal. Invest your capital at your own risk.

NMDC CMP 98 Under the current set up the stock may fall down to 95 / 93 odd levels View gets invalidated if stock closes above 99.50 take care & safe trading...!!!

Head and shoulder breakdown and daily,weekly indicators are showing bearish signals so these will help to reach the target. Refer chart for other details. Vijayaraghavan.K, Kovilpatti.

Short NMDC above 111 T1: 104.50 T2: 100 T3: 96 SL: 116

NMDC has been bouncing over the neckline for a couple of months . current;l testing th neck ahin

Indicators are going to turn positive side for short term. It will break the triangle on coming days based on indicators. After triangle breakout, target will be @123. Most of the time I given my views before breakout by viewing indicators and having confident on that, So safer traders, can initiate trade after breakout(110 on closing basis) and risky traders can...

Buy NMDC at CMP (123+) T1: 126 T2: 129 T3: 132 SL: 120.90

NMDC lost 6% on NSE today with twice its average traded volumes. Fresh shorts have also been initiated. SELL NMDC@123.90 SL:125 TGT1:122, TGT2:119.40

NMDC giving clear breakout with volumes. Enter and add on dips upto 123. Maintain targets of 150+ (30% quantity) and 200+ (remaining) Dividend yield is 4%

Short NMDC below 127 T1: 123 T2: 120 T3: 117 SL: 133 We will go short again if 116 level is breached

Considering stock crossing 200DMA is very strong signal to buy, NMDC seems doing so whith positive close on last 2 days. However seeing at RSI near 70 can push stock to lower levels which I think will be good entry. Once can look to add 50% of capacity now and wait to see if it comes to 125 level to purchase remaining. Next immediate target would be 138 and...

NMDC might be making H&S pattern For short term gain short NMDC at 133 Target 120 SL 136.5 For long term chart target can be followed.

It has been observed that the price action is trending down technically but on the fundamental side the valuations are improving and looking good. Some of the key valuation indicators are as follows: 1. P/E: 13.3 (Undervalued) 2. Book Value: 74 3. Debt to Equity: 0.01 (almost a Debt free company) 4. Current Ratio: 3.3 5. Net Profit Margins: 30% 6. Return on...

All mining stocks are suddenly looking bullish... NMDC forming a inv HnS, breakout above 128.

NMDC retraced almost 78% of the 3rd wave and 61.8% of the whole move from 75 to 152. The stock seems to have made a nice reversal near 102 for the beginning of wave 5. As per this Elliot count, 152 levels are quite possible in medium term. Entries -- either current price or any lower price if and when the opportunity arises. Targets -- partial profit @ 133,...

in weekly time frame, morning star is formed at the horizontal support zone which coincides with .618 retracement of prior downtrend. Also in daily time frame there is a breakout from downtrend channel with good volume, It seems trend reversal is done here and price should move from now on. here sl should be - 102 (below...

Looking at downside movement from current levels,NMDC can be used as swing setup if it suits with your trade plan. Again, those tools are used on different timeframe's so skewed :) Happy Trading !

Price has been in a steady uptrend since it moved above the 200-dma few months ago. The recent bounce off the blue colored 50-dma is a bullish sign. Am bullish on this one and would not be surprised on a rally to the upper red / magenta trend channel.