ParamjitMahapatro

nmdc looks bullish in medium term.

ParamjitMahapatro 업데이트됨   
NSE:NMDC   NMDC LTD
in weekly time frame, morning star is formed at the horizontal support zone which coincides with .618 retracement of prior downtrend.

Also in daily time frame there is a breakout from downtrend channel with good volume, It seems trend reversal is done here and price should move from now on.
here sl should be - 102 (below morning star low), 1st tgt - 131 (immediate resistance) 2nd tgt - 150 (previous swing high).
액티브 트레이드:
till now 119.9
액티브 트레이드:
till now 122.5
액티브 트레이드:
till now 125.5
액티브 트레이드:
big move on fri, closed at 132.50, above upper bb, and bb is expanding in daily, sign of bullishness.
액티브 트레이드:
after making a swing high of 137, it corrected to 117 level, now it reversed from horizontal support, looks bullish now.
액티브 트레이드:
big candle formed with high volume, price closed above upper bb and BB is expanding. Looks bullish now,
액티브 트레이드:
price is approaching congestion area, currently it is near to trend line support level,
액티브 트레이드:
1st tgt achieved here, follow up chart,
price approaching overhead resistance, post successful breakout road will be clear for second tgt.
코멘트:
cmp - 137.8, successful breakout from the congestion area, looks bullish, higher tgts can be achieved here.

코멘트:
in daily, price is sustaining above middle bb and pushing upper bb upwards
거래청산: 타겟 닿음:
cmp - 150.10, 2nd tgt achieved here, cheers,

it took around 27 week, and gave around 29% return.

in current scenario, it has crossed previous horizontal resistance in weekly, looks bullish, much higher levels can be achieved here,
코멘트:
monthly chart shows that, next tgts at - 192, then 285,

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