I daily make educational content videos for swing / positional trading
Technical suggest upside momentum in nmdc steel entry CMP add more if come down at 54 Target min 70++
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...
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
NMDC 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....
NMDC steel, BO on weekly with heavy volume. , good to study the movement of the stock
-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
Analysis 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...
NMDC 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 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 have strong resistance @58 or 53 and support @48 let's see what happens
⚡️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 🙏
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...
Faded 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...
NMDC BREAKOUT with rounding bottom breakout and flag pattern breakout
#NSLNISP - Continuation Pattern BO - Validated with Volume - Above Key EMAs - Bullish RSI
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...
If new plant commission on 15th june happens to be be in place can trigger this for 20-30% move