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Nmdclong

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.
NSE:NMDCLong
by TradingSutra
1
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. Do follow us. Like Us Share with fellow traders Also check the below related ideas for other stocks.
NSE:NMDCShort
by Omahto
3
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.
NSE:NMDCLong
by johntradingwick
10