Long NMDC, Channel breakout coming soon !!CMP: 132 TGT: 148 SL: 127 It is observed that the price is moving in an upward channel, can breakout soon. Disclaimer: I am a novice at charting and this chart is for educational purpose only . Views an opinions are welcome by vikramsihUpdated 1
NMDC Trading Opportunity Trade has not triggered yet! The setup is not very much conservative as the ratios are quite wild! XB = As long as it is less than .618 we are fine but we prefer it to be .382 to .500. BD = As long as it is more than 1.618 we are fine but we prefer it to be 1.618 to 2.618. This is not much that important. AB=CD pattern is usually extended. We shall talk about this in the example. XD = 0.886. AC = Range between 0.382 and 0.886 The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. A common stop level would be behind the X-point. Conservative traders may look for additional confirmation. Shortby Amit_Ghosh4
NMDC - Inverted Head & Shoulders BreakoutPlease refer the chart. Height of the pattern - 25 points (approx.) Target = 131 + 25 = 156 CBSL = 128Longby thava1862222
NMDC - Cup & Handle BreakoutCup & Handle Breakout above ~131 in NMDC. Depth of the cup is approximately 25 points. Can go long for a target of approximately 131 + 25 = 156Longby thava1862222
SHORT NMDC FOR TGT 103STOCK UNABLE TO CROSS SMA200 + BAD FUNDAMENTAL NEWS DT 30 AUGUST 2018 17:22 IST www.business-standard.com NMDC revises down production targets by 33 % due to slowdownShortby dasAbhishekUpdated 1
NMDC forming Inv HnSAll mining stocks are suddenly looking bullish... NMDC forming a inv HnS, breakout above 128.Longby saurabhdhanda1
Possible short set up for short term Price may respond little up move form here before heading for correction I am looking for Opportunity for short selling , for Target of 110 Regards Shortby shiv2798Updated 0
NMDC: The Investment BetNMDC retraced almost 78% of the 3rd wave and 61.8% of the whole move from 75 to 152. The stock seems to have made a nice reversal near 102 for the beginning of wave 5. As per this Elliot count, 152 levels are quite possible in medium term. Entries -- either current price or any lower price if and when the opportunity arises. Targets -- partial profit @ 133, trailing the rest of the position for final target of 150. Stop -- 102 Hit like for better analysis in future. Comments are welcomed. Trade safe. Best Regards BravetotradeLongby BravetotradeUpdated 4425
nmdc looks bullish in medium term.in weekly time frame, morning star is formed at the horizontal support zone which coincides with .618 retracement of prior downtrend. Also in daily time frame there is a breakout from downtrend channel with good volume, It seems trend reversal is done here and price should move from now on. here sl should be - 102 (below morning star low), 1st tgt - 131 (immediate resistance) 2nd tgt - 150 (previous swing high).Longby ParamjitMahapatroUpdated 14
Bearish HORN Pattern... :PEverything is on chart... Do Your own study before making any position...by MrAkshatPUpdated 8826
doji exhaustation patternWeekly chart shows doji exhaustion pattern indicating reversal of the downtrend and bullish move ahead. target- 131 stop loss- 114Longby vipulmayank1
Wait for it!!NMDC closed just below the confluence zone. It may receive strong short term resistance at 121 levels. If it closes above 121 for 2 sessions, Go Long with targets of 135 and second target of 142. Analysis based on Fibs.Longby adityaskulkarni3193Updated 0
NMDC - Morning star in the works (Bullish trend)Scrip can push up towards long now as major volume trading has been seen resulting in green candlestick engulfing and forming morning star pattern Rest in chart..Longby amankaviUpdated 4
Bearish!! Bearish !! Bearish {Short}Short Short and only short... {short on rise} This scrip is below 200 EMA and very weak.. It looks like this will go more downside till the bottom trendline targets are : 100/92/85/70 SL: 120 Note: Do your own study before making any position... Shortby MrAkshatPUpdated 17
Delivery Swing | SL 122 CB | Tgt 150+After retrace its respecting 50 Wk EMA....longs can be initiated with tiny SL for T1 , 150 but eventually it may BO above 150Longby prashanttejuraUpdated 114
NMDC LONGRSI divergence and trendline support on daily charts.Wait for it to close above 127. Target 132 and then 137 short term. Could hit 147 in 2-3months.Stop Loss 118. Weekly charts suggesting the same.Longby NamantSatiyaUpdated 334
Dual Bullish Sharks on NMDC Hey, Two sharks patterns are developing on NMDC daily chart ( one is about to complete), either of one may activate soon & may give good trade opportunity, watch out the PRZ. Trade levels will be updated based on which one is going to active. Trade with Care GulzLongby gulzUpdated 335
NMDC : Mining goes DeepLooking at downside movement from current levels,NMDC can be used as swing setup if it suits with your trade plan. Again, those tools are used on different timeframe's so skewed :) Happy Trading !Shortby InsiderBUpdated 4418
NMDCstock is in down trend chances of another break down is not ruled out one can look into this stock at current levels for a target towards 121/118 with sl placed around 127Shortby bearishbull1968Updated 111120
Potential Bullish Cypher on NMDCWe have another Harmonic opportunity in NMDC. If the Cypher pattern gets activated near 116- 118 zone we can have a good opportunity in creating long position. Do not get hurry in creating the position, as currently NMDC is trading at 123. We will wait for the stock price to dive below 120 and observer the price action behavior in the zone of 116 - 118. by nirav5227
NMDC Ready for Corrective UP TRENDNMDC Looks GOOD in Daily & Weekly Chart. Candle Pattern: Bullish HARAMI (Character of TREND REVERSAL) NMDC: RCP @ 125.95 RES. (Intra): @ 126.8, @ 127.5, @ 128.6 - @ 129.5 (Strong Zone), @ 130.25. SUP (Intra): @ 125, @ 124.4, @ 122.4, @ 121.5. Also watch levels in Chart.Longby sankarghatakUpdated 1