A clear descending triangle pattern is seen in NMDC on the daily charts, keep in watchlist for the breakout of falling trendline.
Multiple support taken at 132 levels.
SL: 130
Refer the charts to see the inverse H&S formed on charts of Strides Pharms, seems like stock is bottoming out. Wait for the breakout of 530 levels with good volumes.
SL : 490
Targets: 580 and 600
Refer to the chart, From the neckline breakdown the stock has moved closed to 135 points down, which was the same height as the neckline to the top. Seems like completion of correction according to the H&S pattern.
SL: 450