NMDC trade ideas
NMDC , Daily Analysis Evening Star Pattern On Top , With A HIGH Volume Shows Buyers Are Not Willing to Buy At Higher Levels , Nest Candle Down , With A Low Volume Indicating Buyer Strength Are Getting Excused .
On 75 Min We GET RSI Divergence But In Daily Divergence Are Yet To Show ,
1st Case :- Price Can Came Down Hold Near About 85 Zone Then Can Touch lower Trend-line Or If It Get Demand From 83-86 Levels It Can Make One More High And Enter In Supply Zone . there we can check For Daily Divergence And Shorting Opportunity .
As Down Volumes Are Really Low So I While Coming Down From Upper Levels , Now We Have to Check Levels Of 83-86 And Observe Price Action There .
Happy Trading .
NMDC - Destruction aheadFormation of an impulsive wave having 4th wave already completed. Currently the stock is trading in the 5th wave which is expected to be completed in the zone of 35-34. The idea will be invalidated if the stock sustained above the level of 86 till then it is sell on rise candidate.
Trends Suggests NMDC Could Fall 50% + Longer-TermThe weight of the evidence remains mixed and suggests that there will be winners on the long side, winners on the short side, and a lot of stocks in the middle that aren’t going anywhere. Here’s NMDC Ltd. breaking back below former support/resistance near 78 and starting to move lower again. With momentum in a bearish range and absolute and relative price action in a downtrend, we want to be short with a long-term target down near 35. This, combined with absolute and relative weakness from the Nifty Commodities and Nifty Metal Indexes continue to suggest further downside for the sectors and related stocks.
NMDC buy in dipsNMDC CMP 126.10
Add in dips if get 113 - 118 levels
TGT 138 / 148 / OPEN
SL 102 - 104
NMDCThere is bearish divergence on NMDC on RSI,MFI and Bollinger band, wait for MACD to turn negative and then go short with stop above 115 for the target of 91
NMDC SHORT | DOUBLE TOP PATTERN | 18-22/09/2019 |DATE 18-22/09/2019
NMDC SHORT@184
STOPLOSS@187
TARGET@179
743.. Is this the end of micro cSL compulsory
Long term investment 0.2% investment at 90 and another 1% of investment at 76.20
509 SAN; Swing trade for shorttime cycle of 3,6,12;
Sl compulsory
Disclaimer:
Please consult with your financial adviser before making any trading or investment decision. Set-up provided here is for informational and educational purposes only.
This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of trade.
There are heavy chance that most of the presented scripts does not meet set (described) entry conditions, as most of the posted analysis are based on Static ANalysis (SAN). Many times scenarios does not arise for good and ideal entry points. Hence needs personalized intraday techniques and strategies (PITS) are required for your entries and exists Always run with SL. WavoZen aims for microtrading, unless specified. Wavozen1 aims to publish real-time entries and exits.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on SAN for intraday purpose only to get the basic structure for intra-day short term or ultra-short term purpose only. Most of the set-up is valid for a day or otherwise mentioned. Hence requires your fine tuned personalized intraday techniques and strategies (PITS) based on Real-time Analysis (RT)/ Dynamic ANalysis (DAN) to get benefit from these structures or to have minimum loss, if wrong through your PIT Strategies (your trade plan). Overnight events, Gap-up opening, gap-down opening, news, major economic data release etc may impact the deviation from the assumed scenarios. If entry conditions and criteria are not meet, then we should not take any chance to enter on assumed scenarios. If there is a deviation in assumed scenario in time, speed and angle and these deviations will not encourages for entry as referred as entry not valid (ENV). Daily post appears on stocktwits.WavoZen. Abbreviations: PT1: Profit taking point 1; PT2 =profit taking point 2; SL: Stoploss point. ENT: Entry not Triggered; ENV: Entry not valid. Weekly Review : WR;
435 SAN. Cup and handleDisclaimer:
Please consult with your financial adviser before making any trading or investment decision. Set-up provided here is for informational and educational purposes only.
This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of trade.
There are heavy chance that most of the presented scripts does not meet set (described) entry conditions, as most of the posted analysis are based on Static ANalysis (SAN). Many times scenarios does not arise for good and ideal entry points. Hence needs personalized intraday techniques and strategies (PITS) are required for your entries and exists Always run with SL. WavoZen aims for microtrading, unless specified. Wavozen1 aims to publish real-time entries and exits.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on SAN for intraday purpose only to get the basic structure for intra-day short term or ultra-short term purpose only. Most of the set-up is valid for a day or otherwise mentioned. Hence requires your fine tuned personalized intraday techniques and strategies (PITS) based on Real-time Analysis (RT)/ Dynamic ANalysis (DAN) to get benefit from these structures or to have minimum loss, if wrong through your PIT Strategies (your trade plan). Overnight events, Gap-up opening, gap-down opening, news, major economic data release etc may impact the deviation from the assumed scenarios. If entry conditions and criteria are not meet, then we should not take any chance to enter on assumed scenarios. If there is a deviation in assumed scenario in time, speed and angle and these deviations will not encourages for entry as referred as entry not valid (ENV). Daily post appears on stocktwits.WavoZen. Abbreviations: PT1: Profit taking point 1; PT2 =profit taking point 2; SL: Stoploss point. ENT: Entry not Triggered; ENV: Entry not valid. Weekly Review : WR;
NMDCAfter making a double top at near 120 it si hurtling down fast towards 105 and 100. Sshort on rise with stops at 120
NSE NMDC: Good sell set-upA good profitable company however currently facing legal challenges. The structure shows that it is ready for a down move.
NMDC Sell opportunity- After a pull backNMDC could retest its weekly lows before any upward moves. The recent move has been fast and long so there's a high probability that this will see a pull back/ correction. If we get that pullback, the risk reward could be favorable for a shorting opportunity. There is also a possibility that the price will shoot down to retest the weekly lows without a correction in which case we can look for buying opportunities. Currently, I think NMDC is a sell- only after a pull back.
NMDCPrice has now come down to its bounce area, and demand from here should take the price to the Gap area.
NMDC - BreakoutHad shared this co previously. Finally Iron Ore prices are up and stock behaves on expected lines. Lets see the good times roll now..
