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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...
NMDC 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 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...
This 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 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!!
cmp 147
1) RESITANCE RANGE FROM 12 YEARS -- 140-------160
2) Formation of Inverted H&S pattern is longer as well as smaller time frame.
3) Breakout Candidate
we can buy it in cash for minimum 50% target
TARGETS 155 / 160
{weekly closing above 160 will be considered as breakout}
For-- 180 / 200 / 220 / 240 / 260 / 280 / 300
CBSL 110
Just Buy and...
NMDC might give a good up move with decent targets for 1,2 or 3 day trade
Entry above 218 or sustaining after 218
Stoploss at 212
Targets like 223,227-228, 230++
Note: if any trade or value has gone from the place we decided to enter then thats not our trade wait for it to come back or let it go
I am not sebi registered this is my personal view
NMDC waiting for breakout level of double bottom. if break this resistance then price can reach target first and second one by one. until reach red line.
NMDC has been in upswing from last few weeks.
Stock is now witnessing lower volumes.
Short from 205 with Target of 175 for short term.
PS: Only for educational purposes.
A bullish flag & pole Chart Pattern Breakout on the Weekly Time frame of NSE:NMDC
Price Action supported by very good volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a Weekly closing...
A good example of a trade where we followed the rules but still hit the StopLoss.
That's why "don't put all your eggs in one basket".
NOTE: There can be other ways of entering an exiting. However, the idea of sharing the instructions is to understand that it should be possible to trade with fixed set of rules. Some trades make huge gains, some don't move much and...
