NMDC 40% upside target go long stay go long and stay hedged
no need to write more
described everything in the video
NMDC trade ideas
NMDC 15min chart Ascending Triangle 14 Oct 2021NMDC 15min chart forming Ascending Triangle with major resistance at 155. 14 Oct 2021. Watch out Breakout.
NMDC - LongStock seems to have completed its correction from 213 levels. Above 155 can see 165-173 levels SL below 142
Short - With RR of 1:3Go short at these level as it will provide a good place. check with the index is going along with this trend.
NOTE: You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor. All trading strategies are used at your own risk.
A Triangle Breakout OppourtunityNSE:NMDC
A triangular pattern is observed in NMDC.
We can expect a breakout or breakdown opportunity in the coming trading sessions.
Happy Trading.
NMDC Short Term Breakout TradeThe stock has broken out and took support at the previously upper trendline. Trade is supported by brokerage calls and Supports Nearby.
The stock has previously broken out with good volumes and retested the upper trendline, the point of entry.
Risk Reward Ratio - 1.5:1
SL is placed below multiple major support zones and previously upper & lower Trendlines. Target is placed near the all-time high based on fundamentals.
Note: Earnings will be disclosed during the trade duration. If results are not up to expectations or the trendline and 200 EMA are broken after results, it may be a better option to exit.
NMDC INTRADAY SHORTBreakout form triangle pattern with good volumes and big candles. Retesting trend line and upon support. Looks good after closing below support.
NMDC...Positional Entry...Possible to reach 300 !NMDC broke out of a long term Descending Trendline...Good script for positional buy...Possible to reach 300!
NMDC Swing Trade NMDC swing trade active if big green candle daily time frame closes above 159. it's good to swing a trade for nmdc stock.
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NMDC Sliding DownSETUP
NMDC has been trending up for most of 2021 up from 110 to 213
Over the last 3 months NMDC has lost the momentum and has broken below the trend line support.
Currently NMDC is trading at 152 just above its flat 200EMA acting as support.
We are seeing a bearish step up as NMDC continues to form lower pivot lows (165 to 186 to 145 to 158)
TARGET
Keep an eye on 145 - 148 levels to short NMDC for a target of 110.
110 represents the next support area as well as 1.618 extension of the first swing low from the top.
STOP LEVEL
162 is a good stop loss level for the trade.
All the levels mentioned are spot/cash.
Neutral - NMDC.NMDC is retracing, we have crucial supports, should some resilience to the bearish support, consolidate, spend some time int this area before moving anywhere.
NMDC AS ON 05.08.2021GIVING A BREAKOUT!!
Can make a good call
IF HONOURD SUPPORT !!
MACD showing weakness!!
RSI BELOW 60!!
Let see if it goes high!!
TARGET PRICE= 190
(THE ABOVE ANALYSIS IS ONLY FOR STUDY PURPOSE DONT TAKE AS ANY BUY OR SELL CALL)
NMDCIt has a great breakout and has the potential to go up even till 232 but a safe target is 207-210.
NMDC - good returns from here!1. Reversal of polarity
2. Watch out the intact support of 50EMA every time.
3. Pennant BO
Futures trade can be taken.
Stop loss and Target is marked.
NMDC FALLING TREND LINE BREAKOUT WITH VOLUMENMDC after consolidation had breached the falling trend line and closed on the higher side indicating a fresh breakout. Volume is also rising indicating a strong trend. Can gradually edge towards 195.
NMDC NMDC chart for tomorrow trading.. we can see a clear Day breakout we can buy for along position with strict stoploss
NMDC Momentum callI always prefer buying stocks at the support than after breakout in not very strong sectors
