NMDC trade ideas
NMDC swing tradeNMDC has broken out of its trend line showing a bullish trend and also a double bottom showing buyers coming in , looks good to be bought above 114 levels with small SL for targets towards 120 levels , aggresive long can be done at current price also
NMDC- short all metals(tata steel) are weak.. shows bearish technicals
target and stop loss are indicated
Probable breakout set up in NMDC1. Price trading at support
2. Good consolidation inside bar for 8 trading sessions
3. False Breakdown to trap sellers
4. Major trend is bullish
5. Lucrative RR
NMDC BREAKOUT REVERSENMDC BUY above todays doji high as it is a breakout +support+retracement doji formation with minimum1:2 tale profit
VIEW ON NMDCGood chart
Can buy this stock
Target 118/120
I am just representing my views.
For educational purpose only.
nmdc trendlineNMDC me 1hour me big trend line follow ho rahi hai wo breck huwi to nmdc bullish ho sakta hai
NMDCHi guys, In this chart i Drew My Best Levels in NMDC for LONG in Positional, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
NMDC : Breakout Candidate#NMDC : Trendline Breakout Candidate
>> Decent Volume & Decent Strength in Stock
>> Take 10% and keep trailling
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NMDC - Cup n Handle pattern breakout - 10% upside potentialNMDC has given cup n handle pattern breakout at 127 levels.
Target is coming to 140-142 range in coming 2-3 wks time.
SL: Hrly close below 125.
NMDC ready for some upmovedouble bottom on hourly chart. crucial support on 4hr timeframe. can come to 117 120 levels as per chart analysis.
OPRTUNITY IN NMDCAll mention on chart
You can buy NMDC in cash with target of 115 & 118 in 2-3 days.
NMDC - Ascending triangle FormationAscending triangle formed. A high chance for breakout and expecting a movement of 50 % in short term
Breakout of cup and handle in NMDC share. You can open up the chart and look at it in any time frame.
SWING TRADE NMDCReasons for taking this trade:-
1) inverted head and shoulder breakout
2)200 ema breakout
3) 1day timeframe bear trap
4) High volumes
wait for retest
enter on 30min bullish candle
target - 130 and 137
follow risk management
SWING TRADEEntry activated
targets are marked
stop loss marked
follow risk management
do your own analysis
do workout
do meditation
start reading books
Will it continue to rise?NMDC has formed a supply zone of 125 to 140 on a monthly chart. Forming a triple top pattern. Whenever price enters the zone it falls down. Hence it is at a crucial point technically. This does not mean that stock will fall now, it is all probability which increases when such patterns are formed.
intradaytake entry after 10 am
wait for the entry . important zones are marked
follow risk management and control your emotions
Long Position Opportunity In NMDCStock gave breakout of its major resistance and retested , now giving bullish sign for long entries.
CMP : 128
TARGET : 134
STOPLOSS :124
This is not a buy or sell call, this analysis is shared for educational purpose.
NMDC: Near 12 year range breakoutNMDC is consolidating in a range since last 12 year in rectangular pattern. Keep on radar for monthly closing above 142.
NMDC next stop at 133NMDC is getting strong buy momentums,
expecting minimum target as 133 in near term
NMDC Bullish trendRecovery seen from lower level. W shape recovery
Positivity in metal sector.
May see a breakout.
RS positive. Super trend buy. At lucrative price.
NMDC - Clear BO - Possible targetsNSE:NMDC - NMDC crossed and closed above around 1 year High.
Also crossed Wedge - and sustained the momentum.
Immediate Next target is 135 & next target is 159.
Clearly closed above the previous Week's High & Monthly High.
Also, stock is trading above all averages and OBV is also raising for some time.
Add to the watch list.
