Trade ideas
NMDC LONGNMDC reversing from 71.6% Fib level.
Good risk to reward ratio but a risky trade as the market trend is still bearish.
Trade safe. Manage risk. Be profitable.
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Metals are Shining; Review 11th Feb 2022update on metals sector and status of stock picks.
Regards
AAsta
Taking multiple support at level and seeing high demandStock consolidated from some time. Now taking support at 130 to 134 level multiple time. and bounce back again and again. In upside volumes are higher and increasing. Hence it is showing at good supply zone. We can take long position for target for short term 158 and long term 180+
My view on NMDCNMDC looking good on chart.Above 161.90 should hit 165++ gap should fill.Keeping on radar NMDC 160 CE for very short term.
Metals are shiningThis video has my views about Metals Segments and top stocks which I have picked for my trade along with the logic, why I picked the trade.
Regards
AAsta
nmdc long!!! took support at 0.618everything mentioned on the chart!!! looking good both fundumentally and technically
markets are subject to financial risk!!!invest only affordable money
Technical analysis stock market.Hey traders .... please see this photo..and know this pattern name.. this pattern name is Bullish pennant.. this pattern provide uptrend continuation signal.
Nmdc for long bull flag.How a Flag Pattern Works
Flags are areas of tight consolidation in price action showing a counter-trend move that follows directly after a sharp directional movement in price. The pattern typically consists of between five and twenty price bars. Flag patterns can be either upward trending (bullish flag) or downward trending (bearish flag). The bottom of the flag should not exceed the midpoint of the flagpole that preceded it. Flag patterns have five main characteristics:
The preceding trend
The consolidation channel
The volume pattern
A breakout
A confirmation where price moves in the same direction as the breakout
NMDC - Box BreakoutSelf explanatory chart, strong fundamentals and expecting a good move in this script
NMDC for 166 and moreNMDC
continue volume increasing possible to fill the gap without pause. 166 target
Buy NMDC Above 152 SL 139 Target 185Lot of technical reasons for choosing NMDC . 1 As per Ichimoku in daily above cloud 2. as per renko 3% first time above 20/40 EMA line 3. as per candle RSI is above 62 which is first time after long time . Buy NMDC above 152 And stop loss is on closing basis of rs.139 . always keep stop loss
buy at this level target 173 sl 132this is only educational purpose only not for any buy or sell recommendation
NMDC wave analysisNMDC completed wave 2 correction which took almost 6 months,its getting ready for big upside wave 3
Buy for the target of 141 in short termNMDC is at good support 130 levels.
Buy for the target of 141 in short term.
Breakout in NMDCThe stock gave a breakout with a strong bullish candle breaking the trend line of past 245 days with volume expansion.
NMDC - TRENDLINE BREAKOUTNSE:NMDC has broke the downward trendline followed from 12 May 2021.
Next 2 resistance levels to watch:
Resistance 1: 146.5
Resistance 2: 157.9
Trade Plan:
Entry - Below 140
SL - 129
If weekly close above the trend line, we can go long for couple of weeks
NMDC Levels...M Candle (30.12.2021)NMDC once breaks trend line its achieved target 1 now in retracement, so this correct time to think about buy this range and will expect 200+ in 2022
NMDC View for 1-2 months Upside potential 40%Buying CMP or 131-135
SL 121
TGT 1= 160-165
TGT2= 195-200
It give good dividend also more than 5%
Resistance 1= 145
This is only for EDUCATION PURPOSE.
NMDC LTD (LONG)volume seen in this stock
it broke the decending trendline and retested it, now ready to move up
BUY near 140 -145
TGT 157 - 187 - 203 - 213
SL 129
Please Correlate by yourself also on charts. This is for Educational and Paper Trading Purpose Only. Must Consult your financial advisor before Investing.
nmdcGovt Announces RFB For Selling Neelanchal Ispat's 93 % stake at Valuation of Rs 6000-7000 Cr
The beneficiaries
$MSTC Ltd. Holds 49.7 % stake in Co.
$NMDC Ltd. Holds 10 % Stake In Co.
