NMDC LONG NMDC CMP 74 T-80 SL 71.5 Weekly closing below it
personal bias as i hold it. not a trading call just a educational idea.
NMDC
NMDCNSE:NMDC
Note :
1. One should go long with a Stop Loss, below the Trendline or the Previous Swing Low.
2. Risk :Reward ratio should be minimum 1:2.
3. Plan your trade as per the Money Management and Risk Appetite.
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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.
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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Buy NMDC 258 tgt 404/905 avg@ 202/160 Sl below 140 The stock came out of a decade long consolidation making rounding bottom and is visible for food upside in near medium term. It is on fresh breakout before loksabha elections marking its move for fresh lifetime high.
Crossover Trade - NMDC📊 Script: NMDC
📊 Sector: Mining & Mineral products
📊 Industry: Mining / Minerals / Metals
Key highlights: 💡⚡
📈 Script is trading near middle band of BB.
📈 Already Crossover in MACD.
📈 Double Moving Averages are giving crossover.
📈 Right now RSI is around 57.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 224
🟢 Target 🎯🏆 - 243
⚠️ Stoploss ☠️🚫 - 217
⚠️ Important: Always maintain your Risk & Reward Ratio.
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NMDC--Long View??this stock is now its near to the support zone,
previously a strong move is identified from this zone of support.
if price breaks the demand then also keep in long side, we have a strong resistance at 265,price is likely to this resistance before fallback.
Head and Shoulder Breakout in NMDCHead and Shoulder breakout over another resistance level in NMDC. A high dividend-paying stock turns lucrative in momentum at the current point. Stand to gain 18% + excluding dividends
Buy - 163
Stop Loss - 148
Target - 193
NMDC Target 1 Reached This NMDC strategy i'm already posted but its hidden due to some TradingView House Rules Violation Please Note this
" INVERSE HEAD & SHOULDER PATTERN BREAKOUT "
Entry Level - 130
Stop Loss - 115
Targets - 145,156,164
Breakout Happened on Sep 1st With good volume
FUNDAMENTALS OF NMDC
Market Cap - ₹ 38,307 Cr.
Current Price - ₹ 130
Stock P/E - 7.74
Dividend Yield - 5.06 %
ROCE - 30.2 %
ROE - 23.0 %
Face Value - ₹ 1.00
PROS
Company has reduced debt.
Company is almost debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 27.9%
Company has been maintaining a healthy dividend payout of 38.9%
CONS
The company has delivered a poor sales growth of 8.75% over past five years.
Earnings include an other income of Rs.2,153 Cr.
Promoter holding has decreased over last 3 years: -8.86%
Working capital days have increased from 58.6 days to 102 days
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NMDC is trading in a critical level - Be careful!1-hour chart, the stock is almost on the support level, below which the target will be 25.8
Technical Indicators has inverse signals: MACD is negative, RSI is positive!
Above 27.5, the target will be 28.7 then 29.8
NMDC to target 31 / 32.4 after crossing 28.41-hour chart, NMDC, after crossing the blue line at 28.4, the target will be 31 extended to 32.4
A chart pattern (ascending rectangle) will be formed.
Technical indicators RSI and MACD are supporting this view.
Stop loss 27.5
NMDC ( LTP : 169.80 )NMDC has breakout the 11 years resistance
Forming rounding bottom on the chat the short term Target will be around 210 also it can go above till 350 for long term can stay invested until u doesn't get any sell signal .
Try to buy on dips
#ADORWELD 1111 Buy Upside 17% Recommended - Rachit Sethia ADORWELD 1111
TGT 1300
SL 1019
Return 17% +
RR > 2
TimeFrame < 6m
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NMDC bullish with volume"NMDC Stock Trade Strategy: Buying at 155 with 150 as a Support Level, Setting Stop-Loss at 140, and Aiming for 217 - Leveraging Weekly and Monthly Breakouts Since 2012"
1) Stop-Loss: This is the price at which you are willing to sell the stock to limit your losses. In your case, you've set a stop-loss at 140. If the stock price falls to 140, the system will automatically sell the stock to prevent further losses.
2) Target Price: This is the price at which you plan to sell your stock to realize a profit. In your case, you've set a target price of 217. If the stock reaches 217, you plan to sell to lock in your gains.
Please be aware that the stock market can be highly volatile, and stock prices can fluctuate rapidly. It's essential to do your own research or consult a financial advisor to make informed investment decisions. Always consider factors like market conditions, company fundamentals, and recent news when setting your trading strategy.
Also, keep in mind that the stock market involves risks, and there's no guarantee that NMDC's stock will reach your target price or avoid your stop-loss level. Make sure you are comfortable with the risks involved and never invest money you can't afford to lose.
PowerfulTrend
It have started fresh trend, price is right near 200 day EMA once it clear sky is the limit. But for now 24.00 is a hurdle.
If it comes down to retest 22.35 i would consider this as buying opportunity. Volumes are now increasing on daily basis looks like people are jumping in.
Hit like & follow guys ;)
#NMDC making shampoo pattern on weekly timeframe, go long?NMDC on weekly time frame is making a pattern named after a popular shampoo brand, "Head & shoulders :). Generally in Inverted head shoulder pattern breakout we can calculate the target basis range breakout method, so according to me above 134.5 it should touch 191 in coming months. But before touching 191 there are multiple resistances at 142/150/157/169, so we need to be careful around these levels.
A good opportunity for positional traders Hi Everyone
Welcome to Trading Idea, this is an medium them forecast of NMDC which is an good opportunity because this chat will convert into in longterm bullish cycle unless we hit invalidation level.
Thank You.
NMDC, ADC, accumulating to target 36NMDC , ADX, Abu Dhabi
On the daily chart, the stock is building a support in the zone 18 - 21
Once the 21 level is crossed with high volume, the uptrend will be targeting 36, passing through some resistance levels as shown on the chart.
The technical indicators RSI and MACD are positive to start buying gradually while monitoring the breakout of 21.
Stop loss at 18 - 17 to be considered.
NMDC nudging ahead...NMDC (National Mineral Development Corporation) Ltd. is a government undertaking and also India’s largest producer of iron ore. It produces more than 35 million tons of iron ore from three merchandised mines in Chhattisgarh and Karnataka.
NMDC CMP is 107.50. Negative aspects of the company is declining annual net profits. Positive aspects of the company are improving cash from operations annual, no debt, FIIs are increasing stake, MFs are increasing stake and zero promoter pledge. Dividend yield of NMDC at CMP is 3.5%.
Entry can be taken after closing above 110. Targets in the stock will be 114.40 and 118.15. Long term target in the stock will be 122.25 and 126.70. Stop loss in the stock should be maintained at closing below 99.
NMDCNMDC CMP 107
Looking at the structure,
We can see a IHS developing...
With double bottom around 104.5
IF NMDC holds 104.5
It can move to 130/155/180+ in coming months...
Just a view!!
Vedang :)
Chart is for study purpose only!!!
NMDC Low Risk High Reward IdeaAs per my analysis, best level to take buy entry on NSE:NMDC is 107 with stop loss of 103 (-04 Points Risk). We can get upside target of 109.60 & 118 (+11 Points). This could be low risk and high reward idea.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
#NMDC Looking good for 14 mar 23#NMDC...
Intraday as well as swing trade
All levels given in charts
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this
We take trade only when it activates...with proper stoploss and their logic
