NMDC Ready For A Big Move- Full Analysis There are both buy and sell levels for NMDC. High probability trade is in short side. Below is the buy level.
Initially I have updated you before correction that it will correct from the top. You can also check the below idea shared with you before hand in my other profile.
NMDC
Buy- Above 187
SL - 182.5
Target - 192 195 200 205 208
Here is the level to short
NMDC
Sell- Below 171
SL - 187
Target - 175 170 160 150 142
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
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NMDC
NMDC looking strong to move higher on daily chartNMDC showing positive momentum on the daily chart
Exactly bounced from 50% retracement level and its good for more higher levels
Immediate target is 205 within 1 to 2 weeks
Stop loss maintain at swing low 171 on closing basis
Result expected shortly. So keep your qty under check.
Do your own analysis before investment.
NMDC - Ascending triangle + Volume expansion Key Highlights:
1. Bullish market structure - HH, HL
2. Volume expansion
3. Forming Ascending triangle
4. May pullback to the 183-186 zone
5. Target: 198, 213, 224
I have made an illustration on the left-hand side, to explain the ascending triangle pattern.
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
NMDC Shorted And Made Money- More Juice To ComeCall Was Given On 13 May i.e yestreday
1st target hit in no time
See our call shared yesterday below in related ideas.
Disclaimer:- I am not SEBI registered. All the analysis shared is my personal opinion.
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Sell NMDC - Correction Coming SoonSell- Below 195
SL - 203
Target- 188 182
NMDC has given very good returns in mid to short term. Now it has it our monthly harmonic prz. As usual you need to book your profits near every harmonic level. you should book your long here . just keep few quantity one third . And be ready to short if it breaks 195. It can give decent correction. We will reenter if it crosses 220.
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
Do follow us.
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Also check the below related ideas for other stocks.
NMDC | BreakoutPositional - Long Term Trade
POSITIONAL = Entry :- 140-145 | Stop Loss :- 130-120 (Or According To Your Set Of Rules | Target :- Let It Show Weakness, Till Then Ride It.
-- Look For Healthy Volumes . Or Get Ready To Exit The Trade.
(Risk Must Be Managed.) :- Intraday & Swing = < 2% / Positional = < 5% (Good Risk Per Trade).
Keep Your Eyes On Index Or Any Bad News That Affect The Trade Or Market.
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