NMDC Short Term Trading Analysisa. Zone: Strong Bull
b. Resistance 1: 108.45
c. Resistance 2: 114.70
d. Support 1: 106.05
e. Support 2: 104.50
NSE:NMDC
NMDC
NMDC: Cup & Handle formation in ProgressNMDC is near its major supply zone on 96 rs levels. It has correcred thrice from these levels.
Price has been fluctuating between 80-90 levels for many days & had made a cup like structure. Handle formation has been started.
If it brokes the resistance of 96 rs with good enough volume, go long.
buy: above 96
Target: 105
SL 85
Buliish Shark on NMDC Monthly Chart Buliish Shark on NMDC Monthly Chart
BUY range 65-95 is accumulation zone in small quantity.
stop loss 55
Target 150
view 1.5 yrs
NMDC near Swing HighNMDC is trading near its Previous Swing High. There was a long consolidation for one month. Breakout from this level may bring new highs. Buying only should be done once this level will be broken
NMDC planning to GO HIGHFrom the Chart it looks like NMDC stock is planning to go HIGH towards 100 in a short time frame.
Do watch the stock & get benefited.
Disc : This is not recommendation and being suggested for educational purpose only.
NMDC Analysis Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
NMDC: Intraday AnalysisThis stock currently is in channel pattern these have bounced from its lower channel line.
Trade should be executed only after the breakout of the triangle pattern.
NSE:NMDC
NMDC Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
NMDC: Monday Approach. Detailed Technical Analysis.Trade after the breakout of channel or at the small gap up.
NSE:NMDC
NMDC AnalysisDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
vedl delievery buy view as per chartsvedl with lot of news flow in the counter , despite having it i see the stock as undervalued upto 78 zones , technically weak below it now and from here can try to give a quick upmove for 130 /144 zone
NMDC Buy above 80"Flag Continuation" pattern formed followed by bullish "Double Bottom".
Buy above 80 for a quick target of 99.
Stop Loss - 72
Low Risk, High Reward...Easy Target!All points are mentioned in chart, hope it clarify.
Entry: 72.50 - 71.50
SL: >=75
Targets: As per Fib levels
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Stay Healthy, Stay Safe :)
NMDC: Likely heading towards 89 - 93 levelsNMDC
Levels are mentioned in the chart.
Alternatively one may consider the following F&O strategy
Consider selling NMDC 30 April expiry Put option
Strike Price: 80
Lot size: 6000
Recommended selling range: 4.5 - 5 (Closing price 5.2)
Time frame: 30th April 2020
Max profit potential Rs 27000 - Rs 30000 till 30th April 2020
The strategy has inbuilt loss protection for a fall in price in Equity up to 75.5 - 75
Take care & safe trading...!!!
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NMDC - Right angled descending broadening patternNMDC - Right angled descending broadening pattern
Buy above 80
T1: 85.50
T2: 88.50
T3: 92.50
SL: 74
