NMDC Weekly Charts suggest 50% Upside in Next 6-9 Months
NMDC has broken out of its trend line showing a bullish trend and also a double bottom showing buyers coming in , looks good to be bought above 114 levels with small SL for targets towards 120 levels , aggresive long can be done at current price also
NMDC BUY above todays doji high as it is a breakout +support+retracement doji formation with minimum1:2 tale profit
Hi guys, In this chart i Drew My Best Levels in NMDC for LONG in Positional, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
#NMDC : Trendline Breakout Candidate >> Decent Volume & Decent Strength in Stock >> Take 10% and keep trailling Like, Follow & share for more Analysis. Keep Learning & Keep Growing
Ascending triangle formed. A high chance for breakout and expecting a movement of 50 % in short term
NSE:CNXMETAL Metal stocks are bottoming out in wave 2 correction. Shall be heading in wave 3 higher. Bought couple of them today.
Entry activated targets are marked stop loss marked follow risk management do your own analysis do workout do meditation start reading books
Stock gave breakout of its major resistance and retested , now giving bullish sign for long entries. CMP : 128 TARGET : 134 STOPLOSS :124 This is not a buy or sell call, this analysis is shared for educational purpose.
NSE:NMDC - NMDC crossed and closed above around 1 year High. Also crossed Wedge - and sustained the momentum. Immediate Next target is 135 & next target is 159. Clearly closed above the previous Week's High & Monthly High. Also, stock is trading above all averages and OBV is also raising for some time. Add to the watch list.
NSE:NMDC Has given a breakout of multi year consolidation. If sustain higher. Can give a multi fold Rally in next 3-5 years.
After month almost breakout of trendline and now retest and ready for move 125 recently strong resistance if is close above 125 the we can see a target of 140
NMDC a very long term down trend and now a bullish chart pattern formation on NMDC - Falling wedge on Weekly time frame
NMDC is about to breakout a long term resistance and a uptrendline. And a rounding bottom (saucer pattern) also. Only the volume needs to pick up. Trade: Buy: Above 125, SL: 121, T: 128/131 Sell: Below 121, SL: 124, T: 117/114
NMDC is forming double bottom pattern in 15 min time frame .and in 5 min time frame it is consolidating near the current resistance level buy above 119 for option trading = one can have stop loss of 0.04 rupees and a target of 1:1
NMDC consolidation in a very close range of symmetrical triangle, do watchout for breakout. Trade as per your setup and price action
Nmdc has broke out of a cup pattern IMO according to the technical analysis theory the target should be around 156 and moreover it has broken out of a channel on 1d timeframe basis. *Only for educational Purposes, not a financial advice*
Globally metal sector rising nmdc also looking good Target 1 146 Target 2 163 I am not s3bi registered its a analysis With a stop loss of 122