NMDC @ 133.15 Buy above 135 for Targets of 138,141,147.SL 128Currently at a FIB levels of .68 from the fall from 150 to 103. Breaking out of the Downward Trend. There has already been a false breakout. Wait for confirmation. Buy above 135. Targets 138,141,147 and 150 SL 128Longby raj.zingUpdated 4
Breaking out with volumes (long term perspective)NMDC giving clear breakout with volumes. Enter and add on dips upto 123. Maintain targets of 150+ (30% quantity) and 200+ (remaining) Dividend yield is 4%Longby raghu.972Updated 2
Long on pull backI am looking to go long on pull back with stop - 2 Point on entry for Target Regards Longby shiv2798Updated 6
NMDC short setupShort NMDC below 127 T1: 123 T2: 120 T3: 117 SL: 133 We will go short again if 116 level is breachedShortby k314Updated 8
NMDC - WeakNMDC might be making H&S pattern For short term gain short NMDC at 133 Target 120 SL 136.5 For long term chart target can be followed. Shortby anuragcoma15Updated 1
NMDC AT GOOD VALUATIONS It has been observed that the price action is trending down technically but on the fundamental side the valuations are improving and looking good. Some of the key valuation indicators are as follows: 1. P/E: 13.3 (Undervalued) 2. Book Value: 74 3. Debt to Equity: 0.01 (almost a Debt free company) 4. Current Ratio: 3.3 5. Net Profit Margins: 30% 6. Return on Assets: 10% 7. Return on Equity: 10% 8. Reserves & surplus: 22000 cr. Overall, the company has a good and sustainable fundamentals and it shall perform well in future. As per the Motilal's research report the long term target is Rs. 180, a return of 50% from here on. (link to the report www.motilaloswal.com) Short term Technical Target T1 - 126 T2- 131 SL - 116Longby NeeteshJainUpdated 7741
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