NMDC LTD NSE:​NMDC

Levels mentioned in the chart!

Levels mentioned in the chart!

Weekend lvl 10 + Doji Short below 112.80, SL PDH PDH = 115 If gap up or down, follow 5m ORB.

my views on chart, which is continuation of earlier one

Bullish Butterfly - Big Green Bullish Cypher - Magenta Bullish Gartley - Small Green ----------I may not be good in drawing, but since I am using excel so can say the patterns are fitting the criteria Finally breakout happened Also Trend line breakout happened Minor resistance at 104

watch

NMDC is PSU made for Dividend hunters as stock gives almost 10%p.a, Being at monthly bottom accumulation is clearly visible + a strong breakout from accumulation range too. Entry : 99 - 98 Range Stoploss : Given on Chart Basic Target: 115 <> 120 (above this trail) Optional ways : Futures with protective put are easy way for Mar Expiry. if you have any...

...Levels mentioned in chart

Marked swing Points, trend lines and Fibonacci level can be used for trading along with some momentum indicators. Try to lookout for confluence of these parameters, don't trade solely using any one of these parameters. P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal. Invest your capital at your own risk.

The stock looks good for trading purpose.

The stock looks good from this range. The stock can be purchased above the horizontal line for very good returns. The stock looks even good in Weekly Chart and can be bought for long term.

Iron Ore prices are up over 40% over the last 3 months. On the verge of a breakout. I'd but it only once it breaks out.

With RSI Divergence in Daily . Weekly MACD BUY . Making HL in Hourly Charts . NMDC is a BUY.NSE:NMDC

expect a break out above 96 targets towards 99/101/103 sl 94

Short triggered cmp 94.60 target: 89.20 - 90 Sl:95

NMDC CMP 98 Under the current set up the stock may fall down to 95 / 93 odd levels View gets invalidated if stock closes above 99.50 take care & safe trading...!!!

#NMDC chart link in.tradingview.com