NMDC bearish flagstock is forming a flag pattern sell below yesterday's close with sl at 137.50
targets mentioned in charts
NMDC trade ideas
buy alert buy around 135.8 sl 134.8 target 136.95 138.25 ,140.65
buy nmdc 135 ce around 3.65 sl 3 target1 4.2, 5.35, 6.75 positional
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Bounce up from long term supportTested long term support at 131 and bounced back. Strength confirmed by MACD as well. Enter long for a target of 150.
NMDC Bullish divergencePrice made double bottom
Trend line connecting the MACD levels of the corresponding bottoms is upward
This creates a classic bullish divergence
Target - 145
SL - 127.50
Long NMDC- Company is debt free.
- Stock is providing a good dividend yield of 10.06%.
- Company has been maintaining a healthy dividend payout of 70.07% NSE:NMDC
NMDC Strong BuyBullish Harami candle
Double bottom
Channel Support
CMP = 137
T1 = 145
T2 = 151
SL = 133
NMDC Long for Day Trade I am Looking to enter after small retrace from CMP to 135.70/135.40 PRZ With Stop of 133 for Target of 139.40/140/142.60
Cheers
NMDC Long positionalNSE:NMDC
NMDC Long positional
Entry @ 140.75
Stop Loss @ 135
Target 1 147
Target 2 150
NMDC: Nice, Steady UptrendPrice has been in a steady uptrend since it moved above the 200-dma few months ago. The recent bounce off the blue colored 50-dma is a bullish sign. Am bullish on this one and would not be surprised on a rally to the upper red / magenta trend channel.
NMDCthe company has floated a tender to sell 26,384 carats of rough diamonds from its panna mines in madhya pradesh
1st Trg-140 Achieved.
2nd Tgr-144 in dis week.
Symmetric Triangle on NMDC - NEUTRALSymmetric Triangle on NMDC and it may break either side.
Trade:
Long:
Buy above - 123
Target - 125
Stop Loss - 121
Short:
Short Below - 122
Target - 120
Stop Loss - 124
RR Points Ratio:
Risk : Reward = 1 : 1
NMDC - Forming Bearish Gartley Formation NMDC is forming a Gartley fromation on Hourly chart @ 132.20.
Buy Trade :
Entry = 131.50 - 132.50
Target = 121
Stop Loss = 136
Educational 16: Bullish Candlesticks It is been observed that there are some candlesticks pattern which describes the sentiment and movement of buyers and sellers in the market. It is observed that when a Green Bullish Candle with no to little wick in bottom found after a downtrend indicates a buyers come back with full dominance over price action as there will be no lower wick which means no selling pressure and just buyers dominance. This signals a buying opportunity in the market.
Kindly follow the below basic criteria to get good results,
A Green Bullish Candlestick with no lower wick shall come
1. After a Downtrend
2. After a Doji or Exhaustion Candle to downside
3. After Red candle
4. At major Support and Resistance
Kindly share your opinion or example in the below comments in order to confirm the strength of the candlesticks
Regards,
Neetesh Jain
NMDC- Flag Pattern Breakout- Buying OpportunityNMDC has formed a Flag Pattern. It has given a breakout on daily chart with volumes, indicating a continuation of the upward trend.
Target : 132-135
Stop loss: 113.90
NMDC: In a Steady UptrendPrice has been making progressing up, in a sequence of higher highs and higher lows in this weekly chart. Outlook looks bullish and a rally to the red line may be a reasonable expectation.
Here is the Point & Figure chart. Am posting an external link as Tradingview does not support log scale Point and Figure chart.
d.pr/za8B
NMDC POTENTIAL BULLISH BAT...LONG NMDC @ 114..115 WITH TARGET OF 123...125.......RIGHT NOW NMDC IS IN C CORRECTION WAVE....BULLISH BAT D POINT WILL END C CORRECTION WAVE .....WILL IT BE TREND CONTINUATION (5-3)?
NMDC Weekly BUY !!!NMDC Broke out of Weekly Cloud. Conservatives wait of minimum 3 weekly closes above the cloud.
Daily chart short term (6-8) weeks buy target zone 130-135.
