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.
- **Multi-Year Breakout:** - Significant breakout observed after an extended period. - Indicates a breach of key resistance levels spanning multiple years. - **Volume Confirmation:** - Breakout supported by substantial trading volumes. - Suggests increased market participation and conviction. - **Technical Significance:** - Reflects a noteworthy...
Buy - 168 Target - 232/341/450 SL - 123 Note: This is a Prediction and not a recommendation
Simple price action.formed Multiple inside bar, gave powerfull brrakout of multiple insidebar with strong volume and retest. Industry and Business: NMDC is a major player in the mining industry, primarily focused on the exploration and production of iron ore. Looks good for short term / long-term investment.trading at 168.keep sl at 140. Target 204 240 275
Stock Name - NMDC Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 170 #This is not Buy and Sell recommendation to any one. This is for education purpose...
This just a Prediction and not Recommendation Buy - 166 Stop Loss - 134 Target -238
NMDC is looking good for 50% gain in one year span.
# NMDC # # LONG TERM VIEW # # BUY ABOVE - 160 # TG - 400 # CBSL - 80 This is not an investment advice and also please note this is only for education purpose. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
NMDC - Gave a breakout from INVERSE HEAD and SHOULDER PATTERN. Disclaimer: For educational purpose only. Please do your own research before taking any trades. Happy Trading!
CMP: 165.25 If Monthly closing comes above the trendline one can take long in this counter. SL would be little deep (Previous month low) 122.6 T1 = 195 T2 = 233 T3 = 394 P.S: This chart is based on monthly TF. Targets might take a lot of time so invest/trade accordingly Disclaimer: Not a SEBI Registered. Not a Buy/sell recommendation
NMDC on weekly chart broke out and moving towards new high in another year
Buying NMDC in DAILY positional trade Good structure making HH-HL.
NMDC is engaged in exploration and production of Iron Ore along with Diamond, production and sale of Sponge Iron and generation and sale of Wind Power. NMDC is the largest iron ore manufacturer in India accounting for 18% of the total domestic production. Capex plans for the year are around 2000 Crores. Target of 2500 Crores for the next year. Preparing for a...
● STOCK : NMDC ● KEY POINT 🔑 ●●●●●●●●●●●●●●●● ➡️ Time Frem : Daily , Weekly ➡️ After 13 Years Consolidated Zone Breakout ➡️ Strong Volume ➡️ RSI Positive 60++ BUY : 162 STOP LOSS : 148 TARGATE : 200,220 ☆ Long time be Good stock ☆ ¤ NOTE ¤ This is our personal trade for learning and not a recommendation to buy