NMDC is poised to breakout of a massive 10 year inverted head and shoulder pattern. High volumes and high RSI.
NMDC me 1hour me big trend line follow ho rahi hai wo breck huwi to nmdc bullish ho sakta hai
#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
NSE:NMDC - NMDC crossed and closed above around 1 year High. Also crossed Wedge - and sustained the momentum. Immediate Next target is 135 & next target is 159. Clearly closed above the previous Week's High & Monthly High. Also, stock is trading above all averages and OBV is also raising for some time. Add to the watch list.
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.
NSE:NMDC #NSE:NMDC formed beautiful ascending triangle, volumes consolidated and given good rise, sustainability above resistance level may show good momentum. You can ask your doubts in case any....
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...
as you can see in image NMDC is near its support zone . 133-137 is very major support . one can enter into 133-137 . with strict SL of 127 . do like my idea if you agree with it and also follow me . dont panic , correction is healthy for long survival of market .
📈 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 1. Strong weekly closing. 2. Box Break Out done. Rounding Bottom Break Out awaited. 3. Targets can be as high as upto 225+ however, short term target is 195 once stock starts trading above 176. 4. Weekly closing above 195 will increase the momentum. 5. Consult your financial advisor before investing. If you found worth it, Do Like, Share and Comment.
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 reacted from strong demand zone and good to buy near resistance trendline support points or above 145. Targets would be T1- 168/ T2- 177 / T3 -197
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