Nfl has made an INVERSE HEAD AND SHOULDER(bullish) pattern
IMO target should be the distance from neckline to the swing low of the head, i.e. around 65-70.
But only enter this trade after the 2h candle closes above the neckline
*FOR EDUCATIONAL PURPOSES ONLY*
Nmdc has broke out of a cup pattern IMO according to the technical analysis theory the target should be around 156 and moreover it has broken out of a channel on 1d timeframe basis.
*Only for educational Purposes, not a financial advice*
If Nifty breaks out of the neckline then we might see a rally till 20500-20800 but if there is a heavy rejection from the resistance area then there are supports(trendlines) drawn till where it may bleed to.
You may short or long it as the price action develops and a trendline in broken.
*Not a financial advice only for educational purposes*