But NMDCAccording to chart anylasis NMDC breakout symmetrical triangle pattern and closed above upper trandline of triangle. So we can buy NMDC.
BUY @cmp 184 or above.
Target : 193, 197, 200++
NMDC trade ideas
NMDC BULLISH SYMMETRICAL TRIANGLE WAIT FOR BREAKOUT AND ENTER
1.SYMMETRICAL TRIANGLE
2.OVERALL POWER SECTOR LOOKING BULLISH
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Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
NMDC intraday trade idea for 29th JuneLevels mentioned on the chart via the usage of trendlines. The structure seems bullish as it retraced from the AVWAP level at EOD.
[POITIONAL] NMDC : Descending Traingle New Plant on its way. Plus good pattern.
As per Chart.
Sl is horizontal line
DD Advised.
Buy Nmdc for swing tradeGood Morning Traders,
Kindly consult ur own finical advisor or do your own research before taking actions on my views . Me and my post will not be responsible for any kind of loss if u trade on this views.
Stock :- Nmdc
Buy Range :- Rs 180
Stop Loss :- Rs 175
Target :- Rs 190
NMDC - Cheap Valuation, Good Fundamentals, Near Retest LevelsFundamentals:
+ Almost Debt Free Company
+ Highest Quarterly Sales and Quarterly profit
+ Highest Yearly Sales and Yearly profit
+ Cash from Operations 2100 Cr in'20 to 7200 CR in'21
+ ROCE increased from 23% in '20 to 30% in '21
+ Debtor days decreased from 69 to 51
Technical:
+ 10 years Price Range Breakout
+ Price near Breakout Retest levels in M Chart
+ Price Higher High - Higher Low on W Chart
+ Increasing Volumes since last few months
Buy NMDC for PositionalNSE:NMDC
Study in Above Given Chart - Descending Triangle Pattern
SL and Target given in Chart
Daily Timeframe
View remains till Sl or Target gets hit
Stock is showing action in volume.NSE:NMDC Aggressive person can buy here with SL below 150 for 200-300, Conservative wait for a breakout above 200.
NMDC cup and handle formationThe handle formation seems to be complete. We can expect spot to go up from tomorrow.
NMDC Will Give Intraday returnNearest Support and zone with possible descending channel mark.
upside will give good return
discussion open
mcpriceaction
want to make no loss strategy for july option
message me
NMDC Fractal Breakout BuyPositional Trade(2-3 weeks):
Buy: NMDC
CMP: 187
Target 1: 210
Target 2: 215
Stop Loss: 175
Buy NMDCAccording to chart anylasis 1day candlestick make breakout symmetrical triangle pattern so we can buy between 185 to 187 for the target 195 soon !!
NMDC CMP 184.85NMDC CMP 184.85 can be taken with SL at 176 on clbs for a target of 195, 201, 213 for short term. Horizontal lines acts as support or resistances. Blue horizontal lines are for intraday, Red horizonal lines are for short term.
NMDC Short term Share form triangle pattern can easy rise it breakout happens
Short term Target will be 200, 213+
This is my view
Only for education purpose
