NMDC Steel Ltd seems going positiveNMDC Steel Ltd seems going positive
Entry at 46
Target : 50
Stoploss : 43
NSLNISP trade ideas
NSLNISP Trading Within Demand Zone of ₹49.50-₹48.25NSLNISP stock is currently trading at ₹49.39, situated within the demand zone of ₹49.50-₹48.25. This zone has been tested previously, indicating strong buyer interest. Investors may look for potential upward movements as the stock consolidates within this key range.
NMDC Steel Ltd NSLNISP (Trend Reversal Setup)NMDC Steel Ltd NSLNISP is on trendline support on the daily time frame with good volume. The stock can head towards 60, 65 in short term. Stop loss can be placed at today's low which is 52.91.
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. It is not a buy or sell recommendation.
Turning Bullish: NMDC SteelVolume BuildUP is seen.
Breaking of key resistance recently.
Can enter for a target of 10% (68 levels)
Stock to watchStock to watch 📊
NSLNISP
+ Volatility & Volume Contraciton in progress
+ Setting up beautifully
+ Trading above Key EMAs
-: Not a Buying recommendation
NMDC STEEL IN A TRIANGLE FORMATION. WAIT FOR BREAK OUTNMDC STEEL is making a Triangle formation. Wait for Breakout.
2 Swing trading ideas for 12 April Markets I daily make educational content videos for swing / positional trading
Bullish momentum in nslnisp Technical suggest upside momentum in nmdc steel entry CMP add more if come down at 54 Target min 70++
Investment/Trade idea on NMDC Steel (Daily Chart)I wanted to emphasize that the views I express are strictly personal and should not be construed as advice. It is crucial to consult with your financial advisor before making any trades or investment decisions. The complexity and unpredictability of financial markets underscore the importance of seeking professional guidance tailored to your individual financial circumstances and goals.
NMDC Steel : Potential Long
Successfully gave a breakout of supply area near 58, also price retest the area and gave a bullish bounce.
We can accumulate few quantity from current level and wait for a pump up.
Note: This is just for analysis purpose, please do your own research before punching any orders.
🔍 For more technical analysis and trade setups, make sure to follow me on TradingView
LONGNMDC STEEL (NSLNISP) CMP: 70 (04/02/2024)
Weekly Chart (4 Feb 2024)
Key Study Points:
- Long Consolidation Breakout
- Strong Price Action
-Can Seen 80/100/130++ Levels in Near Term.
- Keep SL of 60 and keep Trailing the SL.
Disclaimers:
This chart & study is for Educational & Learning Purpose. This shouldn't be construed as an advice to Buy / Sell / Hold. Pls consult your Financial Advisor before Trading / Investing.
NMDC STEEL LOOKING GOOD TRIANGLE BREAKOUT -symmetrical triangle pattern breakout with high volume
-rsi breakout and retest done in stock
-adx rising & macd crossover done
-trading above all crucial EMA & SMA
-keep in radar it can give good return
NSLNISP: Daily BreakoutAnalysis for educational purposes only. I am not a registered analyst.
A Higher High Higher Low structure on price action is considered as an uptrend.
- In the Daily chart, we see a breakout of previous Higher High.
- Higher High is retested which is an ideal entry point.
- Set SL as previous HL or in cases where there are other lows close by, choose the lowest one.
- Calculate the possible loss assuming the stock hits SL
- If you are OK with the calculated loss, enter.
- Trail the SL at every new Higher Low.
- Wait for breakdown of a Higher Low OR Target
NMDC STEEL - Swing Trade - 21st January #stocksNMDC STEEL (1W TF) - Swing Trade Analysis given on 21st Jan, 2024
Pattern: ASCENDING TRIANGLE
- Volume Spike at Resistance - Done ✓
- Breakout - In Progress
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #NMDC
NMDC Steel Ltd on moveNMDC Steel is about to breakout above 60. It will give minimum 40% return. Please do your research taking any call on buy or sell.
NMDC Steel watchable levelNMDC steel have strong resistance @58 or 53 and support @48 let's see what happens
#NSLNISP (Weekly)⚡️A Navratna PSE
⚡️Low Debt
⚡️Fibo 0.618 level acting as resistance
⚡Closed above Fibo 0.5 level
🔴 SL 49
🟡 CMP 51
🟢 TGT 57/64/77
Happy New Year 🙏
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in NSLNISP
BUY TODAY SELL TOMORROW for 5%
NMDC SteelFaded nearly half of the move within 3 days!
However, the volumes are relatively lower as compared to the initial buying volumes.
Still seeing this as a pullback with the original SL intact.
The Green zone seems like a potential area for a bounce.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Continuation Pattern BO #NSLNISP
- Continuation Pattern BO
- Validated with Volume
- Above Key EMAs
- Bullish RSI
Cup and Handle Breakout in NMDC Steel.Cup and Handle Pattern Breakout in NMDC Steel.
40 Price level was acted as strong Resistance, now that level is broken with good candle and significant Volume.
Retested that level and 41.55 was the high of the breakout candle.
If today's candle closed above that level, then there is a high chance stock can move till 49-50 Range in Coming days.
38 is the idea Stop-loss.
This is just a view not a Recommendation, Do your own analysis before making any investment in Stock MARKET.
NSE:NSLNISP
