NMDC trade ideas
NMDC - Preparation for earnings dayThe last 1 hour saw buying and a breakout from a big resistance level.
Tomorrow positive results can push this stock further up.
Important levels marked in the chart.
NMDC : short term buy for 213+...NMDC :
stock is trading with
flag & pole pattern long term
symmetrical triangle pattern short term & at lower trend line support
bullish harmonics too at 179 to 173 PRZ
fibonacci bullish reversal zone 178 to 176
cmp 179
buy and accumulate till 173
keeping stop loss as 167 on weekly closing basis for
targets :185/189/195 breakout level
breakout target : 204/214+++
NDMC SURE SHOT NO DOUBT#35 (GENIE IDEAS) BREAKOUT AHEAD. I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. I have also posted my views on indraprastha gas, ubl , tcs ,exide, tata power.
DISCLAIMER: THIS POST IS A EDUCATIONAL POST. AS YOUR FINANCIAL ADVISOR BEFORE INVESTING:)
Not a trade recommendationNMDC at 50EMA and tradeline support. If its break last support at 171.50 Which is also a very good support. Not a trade recommendation only for learning Purpose
INTRADAY/SWING idea for tomorrow #equity NMDCperfect entry and perfect retest and targets are set. i will daily post intraday/swing trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.
NMDC: 6% downside in short termDate: 07 June 2021
NMDC is in the process of forming a descending triangle pattern. Below 171.50 serious problem for the stock and good for F&O writers.
Short term target and SL given in the chart
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.
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Expecting Breakout ✌✌This scrip is slowly moving and expected to give breakout within 2- 3 days so traders keep on your radar and enjoy the profit.
NMDC IS NEAR TO 10 YEAR RESISTANCE ZONE...IN MONTHLY ZONEPRICE NEAR TO STRONG RESISTANCE ZONE...
VOLUME EXPANSION
FII AND DII INCREASE STAKE PERCENTAGE
DO UR OWN ANALAYSIS...
NMDC looking strong to move higher on daily chartNMDC showing positive momentum on the daily chart
Exactly bounced from 50% retracement level and its good for more higher levels
Immediate target is 205 within 1 to 2 weeks
Stop loss maintain at swing low 171 on closing basis
Result expected shortly. So keep your qty under check.
Do your own analysis before investment.
Rounding bottom on daily/4hourly charts. Buy NMDC FUT 192-194. TGT 200/205. Invalid below 187 on DCB. Good rounding bottom breakout on daily/4hrly charts
NMDC, Monthly bullish breakout. Buy and Hold for 300NMDC, 190, gave a strong closing above 185. Stock is gradually moving higher for 300/350 now. Invalid below 155 on MCB
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.
NMDC - MULTI YEAR BREAKOUT AHEADNMDC is nearing its 9 year resistance, as the metal sector looks positive it is likely to break the multiyear consolidation.
