NMDC BULLISH AT SUPPORT.NMDC has came to its support area or say buying zone, Its has also made a bullish candle at its support. This shows Buying at the support.
NMDC trade ideas
NMDCCat was lokking good buy after 2% correction
Rsi is also good the target and stopped Loss is on your screen
NMDC -Down trend - Buy above 255.Hi all. NMDC is in downtrend. Buy above 254 for short term target 273 and 285. Hold for long term if price close above 285 after retesting 273. Long term target is 340.
Welcome.
Turning Bullish: NMDCNMDC has been consolidating around 250 levels for a long time.
A Long Buildup is seen in open interest.
The 250 levels has to be decisively broken to reach target of 285.
Monitor volume and momentum
NMDC chart analysisas per my analysis of NMDC chart this is the target. kindly dont take this as investment advice. do your own analysis before investing. thank you
Stock in DEmand Zone: NMDCNMDC testing its demand zone of 250 levels.
If the zone is respected, we can expect an upmove
Target levels aroung 285 (13%)
Amazing breakout on Weekly / Daily Timeframe - NMDCCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
NMDCBased on price moving and Ema
positions Up move possibility is higher
This is only for educational purposes.
NMDC is trading near prev support zone Stocks to Keep in Radar for Next Week
⏩ SBIN
⏩ NMDC
⏩ BHEL
⏩ DLF
NMDC If continues to holds the prev week support level,
recovery towards 270 could be possible.
However in case of Bearish pattern at higher level, it may come back to prev week's range
Important downside support is around 245 zone
whereas upside hurdle is aroud 270 level
*Election Results can create Volatility in the Maket
Keep Tracking Charts
*For Educational Purpose
Learn & Practice Price Action setups
Short Term Trading Idea in NMDC Ltd for 15% UpsideHi,
NSE:NMDC has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
Don't Forget to Follow me to get all the updates.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
NMDCThis stock up move as per the below prediction
1.21 Ema above 50 Ema
2.50 Ema above 200 Ema
3.Price above 21 EMA
4.21 Ema retrace
5.Stock in unmoved
5.ROCE >15
6.Debt to equity<1
This is for the educational purposes
ELLIOT WAVE ON NMDC - LONG13% RETURNS TARGET FOR NMDC ELLIOT WAVE.
Can BUY at CMP-267 and book profit till 290-300
SL at 246-250
Disclosure - I am not a SEBI registered analyst. Information provided here is only for educational purposes. I will not be responsible for any of your profit/loss.
NMDC in correction mode. Buy above 285.Nmdc is in uptrend correction mode because it is near resistance. If the price breaks above 285 the buy trend starts. Target will be 345. If the price breaks below 253 the down trend will start.
NMDC LONG Go long on nmdc huge upside possible in few months . Anyone who have fund can enter future and roll over for few months for a bumber gain 😊
NMDC CASE STUDYI have tried my hands on explaining movement behind NMDC..
Fresh entry will require your patience here, however already investors are in good profit as of now..
NMDC
The stock moved past its resistances around 250.
The Monthly RSI has also cleared its bear phase resistance of 70.
The on-going up-move is expected to test its next resistance zone placed between 355 and 400.
Bullish outlook remains intact as long as price is above 235.
NMDC - Ichimoku Breakout📈 Stock Name - NMDC Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 270.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
Excited about this analysis? Share your thoughts in the comments below!
👍 Like, Share, and Subscribe for daily market insights! 🚀
#StockAnalysis #MarketWatch #TradingEducation #ichimoku #midcap #nmdc
NMDCNMDC
This stock is showing strength can be bought at current levels of 267 and a stoploss should be placed below 257 with a target of 277,287.
NMDC BREAKOUT AFTER 12 YEARS ?cmp 147
1) RESITANCE RANGE FROM 12 YEARS -- 140-------160
2) Formation of Inverted H&S pattern is longer as well as smaller time frame.
3) Breakout Candidate
we can buy it in cash for minimum 50% target
TARGETS 155 / 160
{weekly closing above 160 will be considered as breakout}
For-- 180 / 200 / 220 / 240 / 260 / 280 / 300
CBSL 110
Just Buy and Forget.........
Regards...
Keshav..
01/10/2023
Disclaimer. I am not a SEBI registered advisor. All views shared on this channel and group are my personal opinions shared for educational purposes .. Good Luck 😉
NMDC Ltd. ( 20% upside potential )
Sector: Iron & Steel
Good fundamentals with 1.39 dividend yield ROE 25.3 and ROCE 31.9
monthly & weekly structure bullish N showing strength
now as we can see Daily TF makes bullish n makes HH & HL pattern with strong RSI conversion...
so swing trader may accumulate for 20% upside
long term investors may accumulate this for ALL TIME HIGH....
