short selling opportunity arriving in markets, many setting up ,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 ,
NMDC trade ideas
HEAD AND SHOULDER PATTERN BREAOUT IN NMDCStock 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.
NMDC BullishMaking 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
NMDCmake perfect entry @110-115.... hold for mid to long term. Targets defined. Add till 50. No exit et all
Long term Investment NMDCNMDC 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
NMDC review - posted at 113, now trading at 183reviewing 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 (12 Year Breakout Candidate)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 financial advisor before making any investment.
NMDC is ready to rally towards 52w HighI 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 ConfirmedNMDC - Nov 2023 Multiyear 52 Week High BO Confirmed.
This is not a buy sell reccomdation. This is for my learning and recording purpose.
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NMDCAn amazing chart setup on NMDC Ltd.
Perfect trendline follow by the stock price. A very rare yet effective chart.
Here are the details of the analysis-
CMP- 181
Target- 200
Stoploss- 173
Duration- Until Jan 2024.
NMDC- Multiyear breakout.. VERY BULLISHNMDC- 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 TriumphNMDC 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 NMDCMultiyear Breakout In NMDC
Cmp - 171.5
Best Buy Between 150-155
SL - 103 ( Monthly Closing Basis )
Target - 400
Time Frame - 1-2 Year
NMDC trading in a channel, wait for breakoutNMDC 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 13-10-2023NMDC 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.
NMDC STOCKNSE: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 with good volumes- **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 shift in market sentiment.
- Potential initiation of a sustained upward trend.
- **Implications for Investors:**
- Consideration for long-term investment strategies.
- Assessment of fundamental factors supporting the breakout.
- **Cautionary Note:**
- Validate breakout with continued volume support.
- Monitor for potential retracements and confirm trend sustainability.
- **Strategic Approach:**
- Incorporate risk management strategies.
- Evaluate potential entry points based on technical and fundamental analysis.
- **Conclusion:**
- The multi-year breakout, coupled with robust volumes, presents a compelling opportunity for investors. Prudent analysis and strategic decision-making are crucial to capitalize on this significant market development.
NMDC - Diwali pick Buy - 168
Target - 232/341/450
SL - 123
Note: This is a Prediction and not a recommendation
NMDC LTD 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
NMDC - Ichimoku BreakoutStock 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 and a helping hand to learn trading in Market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
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