22.02.20 Buy #NMDC at cmp105 Tgt 114 /120 Three time strong supports at 97 Note : This is an eductation purpose only.
NMDC 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.
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 (NMDC Limited) SELL BELOW 91
NMDC SHORT ENTRY 101.85 , STOP-LOSS 106.10 , TARGET PRICE 92.80 NOTE : CONSULT YOUR TRADING ADVISER BEFORE TAKING ANY TRADING DECISION.
Long trade. Trade plan mentioned in chart
Refer chart.. V formation done and indicators showing positive signals.. So it may increase on upcoming days..
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%