NMDC has already broken out of its relative strength charts vs Nifty 50 and vs Nifty 500. The volumes in its own chart are at an almost all-time high, signalling huge institutional interest.
The only thing that can temporarily stop this stock is this trendline in the Relative Strength chart vs CNX Commodity. We are already all-in on this, and watching closely.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.