Nmdclong
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
NMDC: DIWALI PICK (INVESTMENT)After a long term downtrend , Stock has given a breakout from an Ending Diagonal Structure which suggests that the previous trend is over & a new trend is developing . With the formation of HH HL in an impulsive manner we can say that stock has turn around & is ready to move up. Stock has made a high of 213 breaking all the previous resistance in the zone of 190-205 & the nature of the rise is clearly impulsive. From the highs of 213 stock as corrected 50% & right now trading near the level of 142. One should go long on the current levels and add on dips (if any) . Keeping Sl of 100 one should look for the target of 245/305/375.
A very long trend broke outDear All,
This is a very good trend reversal. A long bearish trend seems changed. A long position could be taken here for those you would like to invest in.
For those who are willing to take a positional trade, please wait and enter after the pullback as we can expect the price to test the trend line.
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 :)
NMDC going to hit 235 Level!!!On the weekly/Monthly chart, Share is near to its support level after hitting the 200 resistance level. The volume is rising every week and showing a positive trend towards the 200 level again in the coming weeks.
Short term target is 200 from the current level.
Long term target is 210/235 in 3 to 6months.
Buy between 165-175 range as in long run you get more than 25% return or more.






















