NMDC trade ideas
NMDC👉NMDC has successfully broken the triangle
and retesting at the support.
👉We could see an effective upper side
movement by bulls in upcoming days.
👉Great buying opportunity Don,t miss it.
Analyse more and take your position after
the retest is successful.
👉If it doesn't break the support we could have
a huge profit.
👀Keep an eye 👀
Volume ✔️
Technicals✔️
Financials✔️
Overview ✔️
Fundamentals:
▪️Stock passes majority of CANSLIM
investment criteria.
▪️Growth in Net Profit with increasing Profit
Margin.
▪️Company with low Debt.
▪️Increasing profit every quarter for the past 3
quarters.
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😊Happy Trading 😊
Note:Patience is a key to success.
Disclaimer: This is my personal analysis for educational purpose. I am not sebi registered. Do your analysis before taking a position. I am not responsible of any profit or loss.
NMDC long demand supplyNMDC long demand supply
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-This is merely MY outlook and not advice on what YOU should do just my opinion on what I see
It is just a view based on demand/supply, pls trade at your own risk
NMDC 30% MOVE CAPTURED | PRICE ACTION | PRACTICE AND PATIENCEHi Friends,
Wanted to share this learning of SIMPLE PRICE ACTION Techniques that once practiced with patience yields results !!!
#FANOFTRIANGLES
#PRICEACTION
#SWINGANDPOSITIONAL
PRICE ACTION USED
BREAKOUT FROM DESCENDING TRIANGLE IN DAILY
RETEST IN DAILY FORMING SUPPORT
BREAKOUT AND RETEST IN HOURLY FORMING SUPPORT
ENTRY
Thanks For Your Time. Feel free to reach out to me for any queries. Join me as I teach and impart my learnings on my channel..
Bearish for short term Strong Support Seen At 155, Resistance at 190 and 204. better wait till support.
NMDC trade setupsBoth Weekly and daily demand zone marked on chart.
Daily demand zone between price level 166-172 , if sustain easily gives 1:2 trade.
Weekly demand zone between price level 120-133 , same here if sustain we can see a good bounce back movement.
NMDC Shorted And Made Money- More Juice To ComeCall Was Given On 13 May i.e yestreday
1st target hit in no time
See our call shared yesterday below in related ideas.
Disclaimer:- I am not SEBI registered. All the analysis shared is my personal opinion.
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Sell NMDC - Correction Coming SoonSell- Below 195
SL - 203
Target- 188 182
NMDC has given very good returns in mid to short term. Now it has it our monthly harmonic prz. As usual you need to book your profits near every harmonic level. you should book your long here . just keep few quantity one third . And be ready to short if it breaks 195. It can give decent correction. We will reenter if it crosses 220.
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
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Also check the below related ideas for other stocks.
Breakout strategy see the previous post, there is a chance to still go up, my next target is 228....
NMDC chart On weekly chart as well as daily chart NMDC look quit strong but we have to wait, to sustain above 200 level if it is ,then we can see some big move , and NMDC also near its year 2014 level , keep eye on it
NMDC LTD- EXTREMELY BULLISH FOR TOMRROW.PERFECT BREAKOUT IN 15 MIN TF. GREAT STOCK FOR INTRADAY TRADERS FOR 12TH MAY ONLY. RSI ABOVE 60.
NMDC 10 YEAR LONG MONTHLY BREAKOUTBuy above 215 after sustain this level and SL should be 204 on closing
And This cup is very long more than 10 years cup
longer the cup longer the move
You can book your profit by 10%,20% and 30% or you can holding as per your choice
Once hit 10% then keep trail SL at cost and keep trailing by 10%
This is education purpose only do your own research also
NMDCBreakout of cup and handle like pattern on weekly around 21st april 2021. rising volumes with higher high in price. Good long expected. Analysis for education purpose only.
NMDC looking bullishT1 :- 196
T2 :- 207
T3 :- 296
SL :- 150
_____Also analyze on your own_____
$$$$$$__ HAPPY TRADING __$$$$$$
NMDC For short term Buy only above 196NMDC For short term Buy only above 196 (expecting weekly breakout)
NMDCReady for a move up after a small pull back. Multi year multi month consolidation breakout. time to scale into this slow and steady let this run like a long campaign.
NMDC setting up for a 9yr Breakout Been trading in a channel for 9 years. Given a 4 year breakout.
MCap 50,000Cr. PSU Stock. Iron Ore.
Metal sector is firing on all cylinders even in a weak market.
Very safe bet.
