NMDC trade ideas
Future predicted move with Projection on NMDC.Projection is clear in the chart, I don't think that I have to write here.
Accumalte NMDC in range of 70 by keeping stop loss of 63NMDC having dividend yield of 10% and good to buy in this range . I will be buying this stock in range of 70 to 75 for long term target of 91 and 115
intraday sell NMDC IN FULL NEGATIVE TREND SELL POSITION ARE CREATING IN INTRADAY BASIS
SELL NMDC @101.50 TGT 100, 98.50 SL 102.50
Swing optySwing opty for educational purpose:
buy above 114 for target of 140
bounced off from Support
#4 Long NMDC22.02.20
Buy #NMDC at cmp105
Tgt 114 /120
Three time strong supports at 97
Note : This is an eductation purpose only.
[Positional] NMDC Buy trade (Read Gamble)Buy with small stop loss.
Or, better is to wait when the gap triggers upside.
NMDC 1 Hour SHORTNMDC @ 128.95 is breaking down. But its a risky, we are in the middle of the trend.
Target 1 :: 121.75
Target 2 :: 119.45
Should be observed carefully, trade as per your knowledge. This is just to put on your radar.
NMDC : RISK/REWARD 5:1NMDC trading at 129 which is a Fibonacci retracement 0.618% of previous major swing from 162.70 to 74.80.
It's also trading at the upper range of an upward channel which could possibly act as a resistance along with 0.618% retracement.
Short at 128.95
Stop 131.65
Target 115
RISK/REWARD 5:1
Fibbonacci retracement 0.618%
Upper trendline as resistance
POSSIBLE EVENING STAR FORMATION IN NMDCPOSSIBLE EVENING STAR FORMATION IN NMDC. SHORT IF GAP DOWN OPEN. VIEW NEGATED IF EVENING STAR HIGH BREACHED.
