Bullish Harami candle Double bottom Channel Support CMP = 137 T1 = 145 T2 = 151 SL = 133
I am Looking to enter after small retrace from CMP to 135.70/135.40 PRZ With Stop of 133 for Target of 139.40/140/142.60 Cheers
NSE:NMDC NMDC Long positional Entry @ 140.75 Stop Loss @ 135 Target 1 147 Target 2 150
Price has been in a steady uptrend since it moved above the 200-dma few months ago. The recent bounce off the blue colored 50-dma is a bullish sign. Am bullish on this one and would not be surprised on a rally to the upper red / magenta trend channel.
Symmetric Triangle on NMDC and it may break either side. Trade: Long: Buy above - 123 Target - 125 Stop Loss - 121 Short: Short Below - 122 Target - 120 Stop Loss - 124 RR Points Ratio: Risk : Reward = 1 : 1
NMDC is forming a Gartley fromation on Hourly chart @ 132.20. Buy Trade : Entry = 131.50 - 132.50 Target = 121 Stop Loss = 136
It is been observed that there are some candlesticks pattern which describes the sentiment and movement of buyers and sellers in the market. It is observed that when a Green Bullish Candle with no to little wick in bottom found after a downtrend indicates a buyers come back with full dominance over price action as there will be no lower wick which means no selling...
NMDC has formed a Flag Pattern. It has given a breakout on daily chart with volumes, indicating a continuation of the upward trend. Target : 132-135 Stop loss: 113.90
Price has been making progressing up, in a sequence of higher highs and higher lows in this weekly chart. Outlook looks bullish and a rally to the red line may be a reasonable expectation. Here is the Point & Figure chart. Am posting an external link as Tradingview does not support log scale Point and Figure chart. d.pr/za8B
LONG NMDC @ 114..115 WITH TARGET OF 123...125.......RIGHT NOW NMDC IS IN C CORRECTION WAVE....BULLISH BAT D POINT WILL END C CORRECTION WAVE .....WILL IT BE TREND CONTINUATION (5-3)?
NMDC is at hourly trendline support. Should take support here
NMDC Broke out of Weekly Cloud. Conservatives wait of minimum 3 weekly closes above the cloud. Daily chart short term (6-8) weeks buy target zone 130-135.