NMDC Trying to Break UpsideNMDC Trying to Break Upside
Target & SL on Chart.
For Educational Purpose Only.
NMDC
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.
NMDC: 6% downside in short termDate: 07 June 2021
NMDC is in the process of forming a descending triangle pattern. Below 171.50 serious problem for the stock and good for F&O writers.
Short term target and SL given in the chart
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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Also check the below related ideas for other stocks.
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 - MULTI YEAR BREAKOUT AHEADNMDC is nearing its 9 year resistance, as the metal sector looks positive it is likely to break the multiyear consolidation.
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.
Do follow us on tradingview for more trades like this.
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.
Like Us
Share with fellow traders
Also check the below related ideas for other stocks.
NMDC For short term Buy only above 196NMDC For short term Buy only above 196 (expecting weekly breakout)
NMDC- A Short term BullThe daily chart gives us an insight that an ascending triangle is been broken from the top which has also created Higher Highs in the recent past which clearly indicates achieving some short term Targets of 165-170. The Breakout has been done by a fairly more than avg volume.
NMDC long callNMDC #
29.04.2021
Looks good buy around 151
stoploss 149
Target 157
CMP 154.5
Buy for a tgt 157 of 149 SL 149
It is just a view, pls trade at your own risk
NMDC: Bullish continuation triangleA bullish continuation triangular structure is spotted in the stock NMDC. Go long on current levels & add on dips , maintaining the SL of 137 & look for higher targets of 157
NMDC ChartNational Mineral Development Corporation is The Public Sector Company.
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