I hope you can now see how NMDC represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the...
Chart is self explanatory. Targets are mentioned. You can wait for a retesting before entering the stock. Support zones are also available and SL can be set as per risk appetite. A beautiful pattern and breakout I am bullish on. *** I am not SEBI Registered. Kindly do your own analysis before taking trade. ***
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Nmdc has been on a downtrend from a really long time and has been taking resistance on the trendline. If it crosses the trendline and breachs 148 level and sustains that we can see a rally till 156. Also the prices have been finding a support in the range of 130 to 133. So if the prices fall below 143, one can short nmdc at 147 with a target of 135.
NMDC Ltd - 05.12.2021 The stock is trading @ 146 levels The prices are above ema There is a Gap up in daily chart (142.30 previous high, day's low 142.60) There is a Stochastic Bullish Divergence in weekly chart There is a Resistance Zone @ 148 levels watch out for the price action
Why this Trade..?? 1.Triangle Pattern Buy or Sell based on the Support Break with Volume Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
Falling wedge breakout with high volume in Nmdc Limited
Trendline breakout in NMDC The scrip can be bought above 149 for a mid short term tgt of 165.
NMDC Clear Breakout of Major resistance. Breaking all its previous resistances with multiple support. From here all resistances will become supports so buy for 200 targets on next 2 weeks This is only for educational purpose, sharing setups only. Buy at your own decisions.
NMDC is on BUY SIDE, Purchase for long term & sort term, Making reversal pattern with strong support at 130-140.
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...
Stock is close to long time support trendline. If sustains above can go up to the levels of 154/180. Exit below 130 on a closing basis for a couple of days. For learning and sharing purposes. Not a bit of trading advice. Please comment with your views. All the best.
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Take position when the trend line breaks. I would recommend to take entry only after the breakout and to avoid breakdown.
After a long term downtrend , Stock has given a breakout from an Ending Diagonal Structure which suggests that the previous trend is over & a new trend is developing . With the formation of HH HL in an impulsive manner we can say that stock has turn around & is ready to move up. Stock has made a high of 213 breaking all the previous resistance in the zone of...
NMDC Current STRUCTURE- Rounding Bottom Breakout + RETEST MULTIPLE CONFIRMATIONS :- * Volume Expansion - Volumes since the last three months have been huge and continuously expanding * RSI bullish Divergence- NMDC is forming flat bottoms whereas RSI is forming Lower Highs which is contradicting hence we listen to what RSI is doing and this is an early signal...