Nmdcbuy
Promising long setup in NMDCA bullish flag & pole Chart Pattern Breakout on the Weekly Time frame of NSE:NMDC
Price Action supported by very good volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a Weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish flag & pole Chart Pattern
Technical Indicator :- Positive MACD Crossover
Disclaimer: This is for educational purpose only.
Possible buying signal at NMDCSo I was reading about candlestick patterns and came across Morning Star! as I was searching for one in my favorite stocks I found one forming in NMDC technical charts. Now I'm hoping this would be the bottom of the pattern and might become a morning star if the bulls take the charge on monday.
*This is not any kind of investing suggestion, I recommend you to do your own research and then make your own investment decisions.
NMDC Breakout Analysis !!📈 NMDC Ltd. 📉
This Stock broke out from a Resistance zone of 155-160 after testing three times. It was in consolidation since seven months and today that ended on long side So I am biased on long side as todays candle closed is strong green.
On Buy Side I am looking for Targets of 168, 182, 193, 203.
StopLoss should be kept at 146.
It offers 1:3 Risk Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NMDC BREAKOUT Hello traders the last trade of naukri we are still waiting for it to cross 5700.
NMDC has given a breakout of a resistive trendline and looks good fir the upper marked targets, it also seems to be a shorter timeframe falling wedge pattern.
Buy above - 142.10
Targets marked in the chart above
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NMDC LongI 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 methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NMDC Parallel Channel BreakoutChart 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. ***
NMDC Ltd - 05.12.2021NMDC 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
Technical analysis talk - SBIN, NMDC and MOTHERSUMINMDC: good risk-reward and on good supports and good breakout small one a big movement pending keep an eye
SBIN: might not give direct movement but still a good breakout as per the structure
MotherSUMI: Good structure keep an eye big rewards can be claimed :)