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NMDC : A Quality PositionalNMDC is PSU made for Dividend hunters as stock gives almost 10%p.a, Being at monthly bottom accumulation is clearly visible + a strong breakout from accumulation range too. Entry : 99 - 98 Range Stoploss : Given on Chart Basic Target: 115 <> 120 (above this trail) Optional ways : Futures with protective put are easy way for Mar Expiry. if you have any queries regarding above idea or any other stock feel free to D'M & To Visit us @ trustox.wordpress.com We have curated some of the best articles for Traders
NSE:NMDCLong
by TruStox
AxisBank : Look for short sideAXISBANK is showing Constant Sell-Off from the Top, Look for Shorting Opportunity after closing below levels given in Chart above!!. Entry : After Closing below: 370 - 373 Range Stoploss : 3% (Closing Basis) Basic Target: 3% Optional ways : Derivatives are best case as expiry is just 12 days away. if you have any queries regarding above idea or any other stock feel free to D'M & Do Visit us : Click Here We have curated some of the best articles for Traders Note : Trading in any financial market is very risky. We post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
NSE:AXISBANKShort
by TruStox