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 trade ideas
NMDC looking bullishT1 :- 196
T2 :- 207
T3 :- 296
SL :- 150
_____Also analyze on your own_____
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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.
NMDC- A Short term BullThe daily chart gives us an insight that an ascending triangle is been broken from the top which has also created Higher Highs in the recent past which clearly indicates achieving some short term Targets of 165-170. The Breakout has been done by a fairly more than avg volume.
NMDC - Short Short Short with SL 175.30Buy only above 181.60 on closing basis, now chance to short with stop loss of 175.30.
Note: This is for educational purpose only.
NMDC long callNMDC #
29.04.2021
Looks good buy around 151
stoploss 149
Target 157
CMP 154.5
Buy for a tgt 157 of 149 SL 149
It is just a view, pls trade at your own risk
NMDC Chart analysisNMDC
cmp 159 Buy above 151
SL 136
Target 161 - 168 - 195
Up channel breakout
RSI above 70
MACD Bullish crossover
Breakout strategy there is a decent breakout in monthly chart and weekly and daily chart, after four years breaking out the channel pattern.
NMDC: Bullish continuation triangleA bullish continuation triangular structure is spotted in the stock NMDC. Go long on current levels & add on dips , maintaining the SL of 137 & look for higher targets of 157
NMDC ChartNational Mineral Development Corporation is The Public Sector Company.
This Share Give Brackout
NMDC Positional View !!!NMDC : cmp: 146.45
Trading near the resistance lvl as well as BO lvl of 148.
If it srpass d lvl and sustains above it then a fresh buying move possible.
So keep an eye!!!
TGT 153/161/171
Sl 139.7 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
