NMDC Downside Target 220, 210, 200NMDC may see a decline in the upcoming few sessions, the stock is currently in a downtrend and has been rejected by a strong resistance on the daily chart where an inverted hammer candle has formed indicating weakness in the stock. 220 is a strong support in the stock, if the stock breaks this support, then the stock can also see 210 to 200 levels.
Nmdcprediction
NMDC SHORT Trade Setup and levelsNMDC SHORT Trade Setup and levels
Got a clear short entry on 28 August
Entry: 226
Stoploss: 230
Target 1: 222 (DONE)
Target 2: 215 (DONE)
Target 3: 208
Target 4: 204
Current Trailing Stop loss: 224
Hope this helps.
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