Nmdc Breakout abv 146Nmdc ready for more big move abv 150
long invest for target of 180+
150 ce long
Can give wild moves like Coal india
NMDC trade ideas
NMDC#NMDC - The stock is forming the inverted head and shoulders pattern and currently trading in the supply zone. The relative strength is also positive. All these conditions are favouring to go long in #NMDC.
NMDCNMDC:- Head and shoulder pattern has been formed, breakout has also been given, but don't plan anything until the price becomes sustainable.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Don't miss golden opportunityNMDC showing signs of reversal towards all time high 400.
Keep watch on NMDC for longest consolidation of 11 years. It may break this channel and start journey towards 400
NMDC long #positional NMDC share buy on dips
Positional targets 160-190-250
Holding time 6months to 2 yrs
QoQ strong earning growth hidden by other income (not regular income) in last quarter. High margin on low revenue. With increase in production and revenue margin will grow stronger.
NMDC LongNMDC Buy for 123 upside ..Support 114
Stock is near breakout and possibly should move up from here..
NMDC - INHS BreakoutNMDC has given a BO in the Weekly charts with a reversal pattern which might be a reversal in the long term trend of the stock.
All the metals are looking bullish but NMDC has a very favorable RR for going long.
All the technical indicators are pointing towards a huge up move in the coming days!
Keep it in radar and its a buy on dips! Stock may come to re-test the BO which will be a perfect entry for us to go long.
BULISH PATTERN #NMDC
Bulish
Trend line breakout after Head and Shoulder Pattern
Price 130.5
Sl 100
1st Target 155
2nd Target 220
Open Target
NMDC Bullish Trending SetupNMDC seems to have started a trending bullish move for much higher targets..
Try to accumulate in the zone of 115 to cmp around with stop loss below 110 for much higher target of 160 194.. I will update on major reversal levels
NMDC | Head & shoulder patter breakout | BUYMetal shares are showing strength with metal index positive. A head & Shoulder pattern breakout.
NMDC in Steel SectoreIts Seen Reverse Head and Shoulder Pattern
Showing Good Result of Last Quarter
its Price Target 130 to 180+ 200++ up to next 3 months
If Pattern Fail then Keep SL of Last Shoulder
A high probability pattern> Is there any major support or resistance nearby
> Am I trading in the direction of the trend
> What is my stop loss & target
> Is there any major Economic news or Event that can impact the trade
> Am I fine emotionally to make a Decision
NMDC TradeNMDC bought @112.7 on 9 Aug '23
Today sold @130 near the resistance zone of previous swing high.
Gained of 15% in 23 days.
NMDC LongNavarro 200 Harmonic Pattern
Fib Levels
NMDC
Buy above 105
SL below 102
Targets:
106.5
107.5
110
111.5
114.5
***Educational Purpose only***
NMDC in consolidation stage Short term :Both side movement possible ...check on chart at first.
Enter at 102 to 104
Target 123 till Oct 2023.
Strong SL 98.75
92.5 is trend support for this counter so you can enter from this level also.
If it will close one daily candle above 125 then it can be reach 149 very quickly and 149 is major resistance for this counter.
(This chart is on request of one of the follower.)
NMDC on demand zoneNMDC is on support, Multiple times taken support on same zone. Like in the past it's likely to move upside from the zone.
CMP - 108
Target Price - 126
Stop Loss - below 102.
NMDCClosed above 200 DMA 113.93 with increased volume. Book Value 118.70. big cash reserve. negligible debt. EPS 18.86.
TRENDLINE BREAKOUTNMDC has given a horizontal line breakout. The breakout is supported by a rise in volume. RSI is moving in sync with the price and has given a falling trendline breakout. MACD has formed a bullish crossover and is sustaining above its zero line. The price is walking its upper Bollinger band. All these observations are seen in the daily time frame. Price can rise up to 126 and above that, it can rally up to 129 - 132. It can be bought at 121.50. The stop-loss will be below 118 on a daily close basis. Holding duration 3 - 4 days. The trade should be ignored if prices open with a gap up or down before initiating the trade.
BUY NMDC 114 TO 116 RANGENmdc breakout on weekly and monthly chart we can see good run for few months. Keep this stock on radar
NSE:NMDCNSE:NMDC
Buy above 120
SL below 110.75
Targets: 125/131.8/133.65 +
AB=CD Harmonic
Fib Levels
***Educational Purpose only***
NMDC Bullish Breakout Target 128 Bullish Breakout, Good Volumes
Target 1 122
Target 2 128
Stop Loss 113
