NMDC
#NMDC .. Add to watchlist..can be huge opportunityStock Analysis on request from a follower ..
The stock price is hitting 11 year old resistances .. The overall chart structure is very bullish you can see the huge momentum through the steep angle of the move that is also supported by the rising volumes
The Volumes suggest a move up as well.. However, there has been huge rejection on these levels before so wouldn't recommend taking a trade now..
To trade NMDC.. Buy after daily candle closes above 197.. That would mean a BO from the descending Triangle and 11 year old resistance..That would be a huge bullish sign..
To ensure it is not a fakeout Breakout check the hourly charts to see if the support is properly tested...
My targets for mid term would be 300-305, 330
NMDC: Near support levelsNMDC
173.30
- Offer for Sale by Govt at 165
- Support zone as per charts around 167 - 171
- Momentum might come above the red line
Target for the given set up 192 - 202 initially
Risk factor: If the yellow support zone is taken out, it may fall down to the blue line.
So have provisions have for that scenario too and plan your trade accordingly.
Take care
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
FLAG PATTERN ANALYSIS IN NMDC 05.07.2021BUY : 182 TO 161
TARGET : 238 TO 281
Reason For Buying This Script :
In this script after long rally now it happening some consolidation in weekly . And also forming flag pattern in weekly time frame .
Wait for flag breakout .
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.
ALL THE BEST ..
NMDC Will Give Intraday returnNearest Support and zone with possible descending channel mark.
upside will give good return
discussion open
mcpriceaction
want to make no loss strategy for july option
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NMDC Fractal Breakout BuyPositional Trade(2-3 weeks):
Buy: NMDC
CMP: 187
Target 1: 210
Target 2: 215
Stop Loss: 175
NMDC Short term Share form triangle pattern can easy rise it breakout happens
Short term Target will be 200, 213+
This is my view
Only for education purpose
NMDC - Nearing the Breakout Price is getting to a small range of trading area and this is the sign of breakout. One can assume that the breakout is not too far and get ready for the action.
NMDC - BULLISHNmdc - At previous strong support levels
Small resistance at 181-82
View negated below 170 levels
Tgts 210+
NMDC going to hit 235 Level!!!On the weekly/Monthly chart, Share is near to its support level after hitting the 200 resistance level. The volume is rising every week and showing a positive trend towards the 200 level again in the coming weeks.
Short term target is 200 from the current level.
Long term target is 210/235 in 3 to 6months.
Buy between 165-175 range as in long run you get more than 25% return or more.
NMDC long , results on 22nd june alsoGo for Long as the results are coming, iron ore prices are increasing
NMDC Bearish Fractal Breakout ShortPositional Trade(3-4 weeks): NMDC has given a bearish fractal breakdown.
Short: NMDC
CMP: 175
Target 1: 155
Target 2: 145
Stop Loss: 186
NMDC Trying to Break UpsideNMDC Trying to Break Upside
Target & SL on Chart.
For Educational Purpose Only.
Buy NMDC with price target of 213Nmdc has consolidated in the past few days around its 180 support and could propel towards 213 levels where next resistance lies. One can go long with stop loss of 178 with target of 210.
#JSLHISAR CMP191 #Target 251(32%) #JINDALSTEL #JSWSTEEL #SAIL#JSLHISAR
NSE: JSLHISAR
LONG TERM INVESTMENT
CMP 191.30
Target : 251.80
SL : 171.60
Timeframe < 60 Days
Can hold for longer time
Factors:
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
INTRADAY/SWING idea for tomorrow #equity NMDCperfect entry and perfect retest and targets are set. i will daily post intraday/swing trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.
