NMDC making step formation on upside which shows higher highs ,can be a good momentum stock for short term .
there could be one leg up and then we can see heavy downfall in the markets !! Keep your eyes open . Next 3-4 months. NMDC short at 240-250. so is PFC ,
Stock gave Breakout of Head and Shoulders Price action pattern and retested the breakout zone and also break the previous high and showing some bullishness. Entry - 168 to 169 Target 1 - 179 Target 2 - 197 This is not a buy or sell call, analysis is shared for educational purpose.
Making Multi Year Breakout. Stock made a Higher high in Monthly Time frame. Recent fall was a retracement. Now the Stock is moving towards Previous high. Targets on Charts
NMDC buy on decent dips , add at cmp in parts. chart good to hold for Higher targets. Targets in charts. #Longterm Investment PIck. #Dividend Stock #stockmarket
reviewing NSE:NMDC chart posted on 15th July 2023 when the price was 113. it made high of 189 and now trading at 183 given awesome 62% gains this analysis is for knowledge sharing and educational purpose . this post is not a buy or sell recommendation. link of 15th July post given below
NMDC has given a multi-year breakout. The stock has a possible upside of 210,260,311 in the long run. Also, good volume can be seen on the chart. One can place a stop loss of 152 (M) on a closing basis. 163-170 Can act as a support zone. #NMDC Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a...
I hope everything is clear on the image itself. After a long rally towards the downside, NMDC is ready to run to the higher level especially after breaking the previous lower-high.
NMDC - Nov 2023 Multiyear 52 Week High BO Confirmed. This is not a buy sell reccomdation. This is for my learning and recording purpose. For Tradingview Premium plan, Can go with the below link in.tradingview.com
NMDC- Breakout after 12 years for the target of 234 and 300. Currently very near resistance of 184 is there and also wait for another two days which is the november month candle close for double confirmation. It should retrace after touching 184.
NMDC Unleashes a Decade-Long Triumph: Pioneering Range Breakout Ignites Potential for Historic Gains. A Detailed Analysis Reveals Unprecedented RSI Momentum, Exceptional Volume Surge, and a Strategic Entry. Navigating the Waters of Opportunity with Chart-Defined Targets Pointing Toward a Lucrative Future.
Multiyear Breakout In NMDC Cmp - 171.5 Best Buy Between 150-155 SL - 103 ( Monthly Closing Basis ) Target - 400 Time Frame - 1-2 Year
NMDC is trading in a Symmetrical triangle channel on monthly charts. Hence dont get stuck at top resistance of the channel. On upper side channel breakout - target is 170+ On lower side channel breakout - target is 60-70 Note- Wait for Monthly candle to close above the resistance channel. Else may get stuck in false breakout.
NMDC Cmp 160 dated 13-10-2023 Weekly Chart (Investment Idea) 1. Rectangle Consolidation of 12 years BO @ 165 2. Ongoing Rounding Pattern & H&S Pattern 3. Volume Surge Buy above 165 tgt 175-200-215-225-235-245-270 SL 120 It is just a view, please trade at your own risk.
NSE:NMDC Stock is likely to break out of an inverse head & shoulder pattern. Buy above 130 rupees. Target 1 is 150 rupees. Target 2 is 170 rupees. Stoploss below 100 rupees.