Multiyear Breakout In NMDC Cmp - 171.5 Best Buy Between 150-155 SL - 103 ( Monthly Closing Basis ) Target - 400 Time Frame - 1-2 Year
NMDC 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.
NSE: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.
Stock 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...
A 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...
Buying NMDC in DAILY positional trade Good structure making HH-HL.
1. **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...
NMDC is poised to breakout of a massive 10 year inverted head and shoulder pattern. High volumes and high RSI.
NMDC:- 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...
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 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 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 is forming stage on stage structure, breaking out with good volumes and rising relative strength.
Note: 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...
Faded 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...
NMDC 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 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.
3 reasons for a positive outlook. 1- NMDC is trying to bounce back from the Fibbo 50% level. 2- Price has given the breakout of the falling trend line and trading above the breakout level. 3- MACD has turned positive after positive diversion. It looks suitable short term trading with favorable RR ratio. Disclaimer - I am not a SEBI-registered technical analyst...