NMDC BullishMaking Multi Year Breakout. Stock made a Higher high in Monthly Time frame. Recent fall was a retracement. Now the Stock is moving towards Previous high.
Targets on Charts
NMDC
Long term Investment NMDCNMDC buy on decent dips , add at cmp in parts. chart good to hold for Higher targets.
Targets in charts.
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NMDC review - posted at 113, now trading at 183reviewing NSE:NMDC chart posted on 15th July 2023 when the price was 113.
it made high of 189 and now trading at 183
given awesome 62% gains
this analysis is for knowledge sharing and educational purpose .
this post is not a buy or sell recommendation.
link of 15th July post given below
NMDC is ready to rally towards 52w HighI hope everything is clear on the image itself.
After a long rally towards the downside, NMDC is ready to run to the higher level especially after breaking the previous lower-high.
NMDC- Multiyear breakout.. VERY BULLISHNMDC- Breakout after 12 years for the target of 234 and 300. Currently very near resistance of 184 is there and also wait for another two days which is the november month candle close for double confirmation. It should retrace after touching 184.
Multiyear Breakout In NMDCMultiyear Breakout In NMDC
Cmp - 171.5
Best Buy Between 150-155
SL - 103 ( Monthly Closing Basis )
Target - 400
Time Frame - 1-2 Year
NMDC trading in a channel, wait for breakoutNMDC is trading in a Symmetrical triangle channel on monthly charts. Hence dont get stuck at top resistance of the channel.
On upper side channel breakout - target is 170+
On lower side channel breakout - target is 60-70
Note- Wait for Monthly candle to close above the resistance channel. Else may get stuck in false breakout.
NMDC STOCKNSE:NMDC Stock is likely to break out of an inverse head & shoulder pattern.
Buy above 130 rupees.
Target 1 is 150 rupees.
Target 2 is 170 rupees.
Stoploss below 100 rupees.
NMDC - Ichimoku BreakoutStock Name - NMDC Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 170
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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Long setup in Mishra Dhatu NigamA bullish flag & pole Chart Pattern Breakout on the Weekly Time frame of NSE:MIDHANI
Price Action supported by very good volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a Weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish flag & pole Chart Pattern
Technical Indicator :- Positive MACD Crossover
Disclaimer: This is for educational purpose only.
Trade-61/100-NMDC-R:R Experiment-BuyBuying NMDC in DAILY positional trade
Good structure making HH-HL.
MMTC 10 Year Breakouts1. **Technical Analysis**:
- The stock has experienced breakouts on multiple time frames: daily, weekly, and monthly. This is generally considered a positive sign in technical analysis, as it indicates strong upward momentum.
2. **Trading Recommendation**:
- The recommendation is to buy NSE:MMTC at around Rs 70.
- The target price (TRG) is set at Rs 100-125, which suggests an expectation of significant price appreciation.
- A stop-loss is placed at Rs 53.50, which is intended to limit potential losses in case the trade goes against the investor.
3. **News Event**:
- The stock's rise is attributed to the Indian government's approval of royalty rates for mining strategic minerals, specifically lithium, niobium, and rare-earth elements.
- This approval allows the government to auction blocks for these minerals in India for the first time.
- The royalty rates are specified as 3% for lithium and niobium and 1% for rare-earth elements.
- Royalty rates are important financial considerations for bidders in the auction of mineral blocks.
- India is currently conducting exploration for critical and strategic minerals.
NMDC: 10 Year Inverted head and ShoulderNMDC is poised to breakout of a massive 10 year inverted head and shoulder pattern. High volumes and high RSI.
NMDCNMDC:- Head and shoulder pattern has been formed, breakout has also been given, but don't plan anything until the price becomes sustainable.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
NMDC long #positional NMDC share buy on dips
Positional targets 160-190-250
Holding time 6months to 2 yrs
QoQ strong earning growth hidden by other income (not regular income) in last quarter. High margin on low revenue. With increase in production and revenue margin will grow stronger.
NMDC Bullish Trending SetupNMDC seems to have started a trending bullish move for much higher targets..
Try to accumulate in the zone of 115 to cmp around with stop loss below 110 for much higher target of 160 194.. I will update on major reversal levels
NMDC TradeNMDC bought @112.7 on 9 Aug '23
Today sold @130 near the resistance zone of previous swing high.
Gained of 15% in 23 days.
NMDC AnalysisNMDC is forming stage on stage structure, breaking out with good volumes and rising relative strength.
NMDCNote:
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 opens, the condition might change so learn to handle different conditions...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
NMDC SteelFaded nearly half of the move within 3 days!
However, the volumes are relatively lower as compared to the initial buying volumes.
Still seeing this as a pullback with the original SL intact.
The Green zone seems like a potential area for a bounce.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
NMDC Daily looking bullishNMDC Daily has trendline breakout, double bottom visible on buying zone. 200 ema support on daily candle. Good to buy at 112 for targets of 131 with sl below 103
NMDC - Looking Good for swingNMDC on Daily TF have very good support.
Weak below 100
Immediate target 110 to touch 200 EMA.
Is sustain above 110 we see 120-130.
