#NMDC : Trendline Breakout Candidate >> Decent Volume & Decent Strength in Stock >> Take 10% and keep trailling Like, Follow & share for more Analysis. Keep Learning & Keep Growing
Nmdc has broke out of a cup pattern IMO according to the technical analysis theory the target should be around 156 and moreover it has broken out of a channel on 1d timeframe basis. *Only for educational Purposes, not a financial advice*
NMDC Gave brake out before 1.Now taking support on old trend line 2.Also there is doji created at trend line 3.RSI also in over sold 4.Vol also good Sl 98 / Target up to you Not a financial advice, for study purpose only.
So 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...
📈 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...
NMDC Stock is trading in a resistance trendline. Wait for the resistance breakout to take entry. The stock looks good above 161.50. The expected targets are 167, 172 , 181
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 Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep...
NMDC - Price action analysis Trading in a range for 9 years Triple bottom pattern formed, breakout and at retest level entry level at cmp - 140.5 Target - 280 (Long term) - 100% # el_plantrader #Tradewithelplan #Tradewithaplan
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. ***
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
NMDC is on BUY SIDE, Purchase for long term & sort term, Making reversal pattern with strong support at 130-140.
NMDC Buy-Above 149 Sl-147.5 Target-153 155 This is for intraday . For Position Basis Buy-Between 135-140 Sl -128 Target 170 190 210+
as this stock is makig head and shoulder pattern it will give breakout and profit in bearish side. so have a look at it remaining details i will give you in market time. if i am wrong then please let me know..... Thanks in advance.....
NSE:NMDC Stock looks bouncing back and if stock trend continues. then entry above 156 is good
NMDC Extremely Bullish Side With Complete positive trend and news support.
NMDC is buy from the given level. Buy - 174-173 Sl -169 Target - 185 200 210 Duration - 1-2 Week.
NMDC has given great channel breakout and the volume has been good, also futures OI has been rising and Long Buildup is forming. Trade with caution. Appropriate risk management and position sizing.