breakout in nmdc self explanatory chart
breakout with huge vol..+ retest at 30m t.f
tgt 310 / 438
stop loss - 235
im not sebi registered kindly see this view as a learning material
please consult your financial advisor before investing or trading
NMDC trade ideas
TREND CHANGED IN NMDC - FROM BUYING ON DIPS TO SELL ON RISE ?NMDC is engaged in exploration and production of Iron Ore along with Diamond, production and sale of Sponge Iron and generation and sale of Wind Power.
This PSU stock has given great returns to investors as well as traders in last one year.
Although there exists so many positive talks about NMDC's volume growth, sales growth & capacity enhancement etc. which are fundamentally good but I think trend is changed in NMDC.
This stock was buy on dips since May-June 2023 but right now as per technical chart & price action, I think trend is changed from buy on dips to sell on rise.
I will find opportunity to sell it on each rise until it breaks 235-240 level.
So, Is it still buy on dips or has become sell on rise?
Only time will tell!
P.S. : This stock is on my main watchlist for a short trade.
Inverted H&S is making in NMDCHi Trader,
The NMDC is looking good on chart. It is making inverted Head &Shoulder on daily time frame. It has a neckline of around 247 . If it crosses and sustain, It will be ready for another towards upside to the price of 292.
So, Watch out this stock for a good trade in coming week.
Happy Trading!!!
NMDC Positional LongNMDC is Bullish.
Above 200 EMA on hourly basis
ABove resistance Zone
Metal Sector Is Bullish.
Crossover Trade - NMDC📊 Script: NMDC
📊 Sector: Mining & Mineral products
📊 Industry: Mining / Minerals / Metals
Key highlights: 💡⚡
📈 Script is trading near middle band of BB.
📈 Already Crossover in MACD.
📈 Double Moving Averages are giving crossover.
📈 Right now RSI is around 57.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 224
🟢 Target 🎯🏆 - 243
⚠️ Stoploss ☠️🚫 - 217
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
On daily candle stick NMDC is bullishOn daily candle stick the NMDC is bullish and it will reach 240 target in coming 2-3 sessions. Keep watching.
Long on NMDCTook support at 200-203 level, gave a solid rally on Monday, so can continue the bull rull. Can expect a further rise of 5-6%.
NMDC buy CallHi everyone i would like to inform you that if you are looking opportunity in NMDC then this is the good level to buy NMDC between 194 - 198 and we can expect the target 207 ,215,224 ,235 in short to long term and consider SL 177 - 175.
NMDC LIMITED (EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS)
NMDC LIMITED
Target: RS 255
CMP: RS 242.65
ENTRY RANGE: 240-245
STOP LOSS: RS 233
Disclaimer: I am not Sebi Registered.
NMDC H&S pattern on Daily ChartNMDC has created amH&S pattern on daily chart. Trending above 20 EMA. Volume is good.
If move above 140, may move further to 170 range.
Daily RSI is little high at 82.
This for study purposes only.
NMDC Next TargetLower Bollinger Band supports Price
it may be treated as SL
Upper Bollinger Band is treated as the target
The next target may be 248-250
if anyone enter in NMDC March Future at 235 the target is 13 point 248.
anyone can profit of morethan 50K per lot of future trading.
Target for NMDCLower Bollinger Band supports Price
it may be treated as SL
Upper Bollinger Band is treated as the target
The next target may be 248-250
if anyone enter in NMDC March Future at 238 the target is 10 point 248.
Anyone can make profit of more than 40000 Rupees per lot .
NMDC - Ultimate Swing Trade Opportunity!Hii all! 🌟
Get ready for an exciting swing trade opportunity with NMDC Ltd #NMDC 📈 Leveraging the powerful combination of trendline support, Fib retracement, and a bounce off the 50 EMA, NMDC is setting the stage for a stellar upward movement. Our meticulous analysis, including multiple timeframe scrutiny and momentum indicator support, reinforces the bullish outlook for NMDC. Don't miss out on this golden opportunity to capitalize on the swing and positional setup with NMDC Ltd.🚀 #NMDC #SwingTrade #Bullish
- Remember to conduct your own analysis and implement proper risk management strategies. Thanks
#Nmdc cash : Long above 230.10 #Nmdc cash -Positional call
29.02.2024
Looks good above 230.10
Stoploss 220 Tgt 248-250/270
Cmp 226
NMDC- #Shorting (Selling) darvas professor + gov + sgNMDC- #Shorting (Selling) darvas professor + gov + sg
1) Selling pressure
2) Double top
3) Volume guiding
NMDC Ltd Strong BreakoutNMDC Strong Breakout...
Strong Breakout
Good Volume..
Education Purpose Only... Please Consult Your Financial Adviser Before investing..
Please Maintain Strict Stoploss...
Book 70% at Target 1 and Rest Trail and Book at Target 2 ...
Don't Risk More than 1% or 2% of your capital in a single Trade..
NMDC Swing/Positional NMDC Ltd. Prediction for Swing/ Posional Trading
Structure break at 135 and properly retested. Y ou can enter into trade above Entry 1 level (150) daily close basis or Entry 2 or Entry 3 or CMP according to intraday level. 150-164 is the bearish zone for NMDC, be cautious at this zone.
Again 143,138,135,131,125 levels can be retest.
Sls-For mid swing trade 130 or according to you RRR.
Targets- (154,156,164),173,182,192,200,211,221,230,…. (more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About NMDC Ltd. –
NMDC Limited is an India-based producer of iron ore. The Company is involved in the exploration of a range of minerals including copper, rock phosphate, limestone, magnesite, diamond, tungsten, and beach sands amongst others. The Company's segments include Iron Ore, and Pellet, Other Minerals & Services. The Company owns and operates mechanized iron ore mines in Chhattisgarh and Karnataka. The Company also operates a mechanized diamond mine at Panna, Madhya Pradesh. The Company is producing over 40 million tons per annum (MTPA) of iron ore from its iron producing units, such as Bailadila Sector in Chhattisgarh and Donimalai in Bellary-Hospet region in Karnataka. The Company’s subsidiaries include Legacy Iron Ore Limited, J & K Mineral Development Corporation Limited, NMDC Power Limited, Karnataka Vijaynagar Steel Limited, Jharkhand Kolhan Steel Limited, NMDC SARL, and NMDC CSR Foundation, among others.
NMDC Ltd. engages in the exploration of minerals. It operates through the following segments: Iron Ore, Pellets, Other Minerals & Services, and Other Reconcilliation Items. The company was founded on November 15, 1958 and is headquartered in Hyderabad, India.
NMDC Trade ideaThis post is only for educational purpose, please take any trade at your own risk.
NMDC next fibo target is 280 which will get active above 248, below 235 it can see some profit booking. Today it made hammer so a close above 248 tomorrow will activate the long run, targets can be 255, 266, 277.
NMDC MULTIYEAR BREAKOUTNMDC gave breakout from upflag on 25th JAN, however the volumes were not so convincing and there was a previous support near 227 price level, on 2 FEB it gave breakout from that level with convincing volumes.
EMA 5>13>26
It's a buy call since 5th of FEB,
Target 325
SL 217
CMP 244
Only for educational purposes. Do not trade!!
NMDCNMDC Breakout happen with good structure we can see really goood upmove in coming days
KEEP ON RADAAR
