Nmdclong
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.
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.
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.
#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.
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.
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
Can give a good run on sustaining above 125Metal stocks shown some strength in last few days and consolidating in last 1 week. n sustaining above 125 we may see a good move in NMDC, Keep the scrip in radar
NMDC Harmonic & downtrend Potential BreakoutThe idea here is about NMDC:
NMDC Limited (NMDC) is an India-based iron ore producer and exporter. The Company operates in two business segments: iron ore and other minerals and services. The Company is engaged in the exploration of a range of minerals including iron ore, copper, rock phosphate, lime stone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, and beach sands.
My view is very bullish for the below observed technical factors & News.
NEWS: MCA (Ministry Of Corporate Affairs) has approved the demerger of NMDC steel from NMDC with ratio of 1:1. Do your own research for more information.
Points as per TA on a Weekly & daily Chart:
1. Currently under downtrend & support has been re established @ 129.00 on a weekly chart as per below:
2. Gartley Harmonic Pattern completed with confirmed entry & target 1 completed at the time of publishing on a weekly chart as per below:
3. Bearish Nen Star Harmonic CD leg under progress on a weekly chart as per below:
4. Trading way above 20 & 200 EMA on a weekly chart & 20 EMA cross over expected soon.
5. Trading above 20 & below 200 EMA on daily chart.
6. Bullish flag pattern on weekly chart observed as per below:
7. Multiple divergence confirmed in the same direction on weekly chart as per below:
8. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a daily is neutral, weekly is strong downtrend & monthly chart is consolidating at the time of publishing.
9. RSI is at 51.46 on a weekly Chart and 53.56 on daily chart at the time of publishing.
10. MACD above signal line on weekly & below signal line on daily chart.
11. Hull Moving average on daily & weekly is a sell and other moving averages on a daily,weekly & monthly chart is a buy.
12. ADX (Average directional index ) trend strength is at 20.53 on a weekly, which indicates a absent or weak trend (ADX between 0-25 is a Absent or weak trend) and 25.32 on a daily chart.
Projected Target with %: Provided in the chart as per Gartley & Bearish Nen Star harmonic pattern.
Stop Loss: Provided in the chart as per Gartley.
Note : Any further dip can be considered to accumulate & Average it down.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
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nmdceducational purpose only
nmdc #nmdc
nmdc #nmdc
nmdc #nmdc
nmdc #nmdc
enter only at trendline support to ride the trend
#NMDC POSITIONAL VIEWMy short term positional view on NSE:NMDC
Entry point 128
My target would be 143
Stop loss will be 121
Note: This is my personal view, only for learners
NMDC LONG- PositionalRisk Reward 1:1.5 to 1:2
Buy half quantity at current price(109 to 112) and half quantity above 113
Target 1 : 124
Target 2: 130
Stop loss 103
Call unwinding is happening at higher level changes are high breakout will happen and sustain.
NMDC Trend AnalysisCan this public sector company beat its private sector rivals in ROI?
Technically price has just bounced off from support and closed as bullish pin bar on weekly TF at the top 25% level which is considered highly bullish.
Broader pattern shows Cup with Handle formation as highlighted.
Good to buy at CMP or accumulate around 95-110 levels for the following targets:
Medium term swing target @ 188 (82.5% ROI with 4.72 R:R)
Medium term positional target @ 240 (133% ROI with 7.6 R:R)
Long term positional target @ 330 (220% ROI with 12.6 R:R)
Stop loss @ 85
Strong fundamentals with highest ever net profit YOY.
High capex because of commissioning of new steel plant (will be operational soon), for slurry pipeline and for third screening plant.
Demerger with Nagarnar Steel Plant which will take about 3 months.
NMDC is not in export market, hence there is no ‘direct impact’ as such on Imposition of 50% export duty on iron ore and 45% on pellets.
Demand is not an issue for NMDC as its top three customers account for 70% of the produced ore, with the balance taken up by Chhattisgarh DRI plants who are dependent on NMDC ore.
Do your own due diligence before taking any action.
Peace!!
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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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
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
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 LONG Hi
NMDC looks good & attractive on current levels for 228.....this is portfolio stock & this require min 2 months time.
Best of Luck....!!!
NMDC LTDThis stock is looking good at current levels and more above 156, it has started wave 5, once wave 5 unfolds we can see 200+ levels.
One can go long with mentioned key levels in chart.
Once it closes above 156 then boom
Breakout with good intensity of volume
Key levels are mentioned in chart
Wave Structure could be like this
Macd in weekly is turned uptick
Macd in daily positive crossover and Uptick
Rsi in daily uptick and near 60
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
NMDC LongNSE:NMDC
NMDC is forming a triangle pattern and if it is not breaking the 171 level. There would be a good chance that it would move higher once if breakout the 183 price level for the targets 195 & 208. This would be supported by the Jun 22 results as well. If it is good result, then it would be a solid confirmation for long.
