Future predicted move with Projection on NMDC.Projection is clear in the chart, I don't think that I have to write here.
NMDC
#4 Long NMDC22.02.20
Buy #NMDC at cmp105
Tgt 114 /120
Three time strong supports at 97
Note : This is an eductation purpose only.
NMDC Sort& mid term viewNMDC may move and hit the targets. Indicators are showing bullish signals. It has the strength to hit the final target. Monthly MACD crossover also happen upcoming months. Immediate stoploss below 97 on closing basis. Note: Long term stoploss given in the chart.
NMDC Ltd. wait for 125 to add new positionsConsidering 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 further push can take it to 148.
Keep current stop loss as 123 and after momentum keep it as 200DMA on closing basis.
NMDC SHORT ( POSITIONAL )NMDC SHORT ENTRY 101.85 , STOP-LOSS 106.10 , TARGET PRICE 92.80
NOTE : CONSULT YOUR TRADING ADVISER BEFORE TAKING ANY TRADING DECISION.
NMDC - Bullish view -Short term to Mid term ivewRefer chart.. V formation done and indicators showing positive signals.. So it may increase on upcoming days..
NMDC- INTRA DAY STRATEGY USING SWING POINTS!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 Chart setup viewNMDC
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...!!!
NMDC- Short term view- BearishHead 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.
NMDC NeckNMDC has been bouncing over the neckline for a couple of months . current;l testing th neck ahin
NMDC short term viewIndicators 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 from this level. Stoploss: 101(closing basis)
Vijayaraghavan,
Kovilpatti.
NMDC: Sell @ 123.90 SL: 125 and Tgt1@122, Tgt2@119.40NMDC 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
Breaking out with volumes (long term perspective)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%
NMDC short setupShort NMDC below 127
T1: 123
T2: 120
T3: 117
SL: 133
We will go short again if 116 level is breached
NMDC - WeakNMDC 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.
