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NMDC

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
NSE:NMDCLong
by RK_Chaarts
2
NMDC Short Term Breakout TradeThe stock has broken out and took support at the previously upper trendline. Trade is supported by brokerage calls and Supports Nearby. The stock has previously broken out with good volumes and retested the upper trendline, the point of entry. Risk Reward Ratio - 1.5:1 SL is placed below multiple major support zones and previously upper & lower Trendlines. Target is placed near the all-time high based on fundamentals. Note: Earnings will be disclosed during the trade duration. If results are not up to expectations or the trendline and 200 EMA are broken after results, it may be a better option to exit.
NSE:NMDCLong
by tradewidmufeeth
NMDC EW Wave Counts, Wave 4 Play with Crab Pattern confirmedStudying the EW wave with Harmonic and finding out high probable zones from from which swing high and swing low forms up has been a passion for me. I think EW wave analysis with Harmonic M and W structure provides low risk and high probability setups. One of the advantage of this analysis is to have minimum risk as these are all leading indications of the price structure. Coming back to NMDC See how nicely EW Wave patterns are formed in Weekly Look at Wave 2 retracements as 0.618 of Wave 1. Look at Wave 3 Target as precisely 2.618 of Wave 1. And in EW wave analysis, we don't not want to find a top or bottom, we want to find highly probable zones for target. So if you have bought when Wave 1 top is broken and Wave 3 is confirmed, you can then watch the reaction around 1.618 Fib extension, 2.618, 3.618 and 4.236 and so on as possible wave 3 targets. And along with that you simple determine major level which if broken, confirmed that Wave 3 is formed. But look how nicely, Wave 3 went up to 2.618 times of Wave 1. Also see how harmonic W structure forming Crab patterns in weekly time frame started giving high probability reversal zones. Again, in order to identify such setups, you need to do a lot of practice and train your eyes to see the possible pattern combinations. Pl read EW analysis Boon a classic ref on EW Analysis (1) Visual Guide to EW wave analysis by Bloomberg press by Wayne Jeffrey (2) Classic Ref on EW Wave is Elliott wave Principle : Key to Market Behavior by Frost and Prechter And on Harmonics, Pl log in to harmonic trade website harmonictrader.com register yourself as free membership, download all the three volumes by Scott and read them, Especially Volume 3 where he talks about combining RSI structure with Patterns and see the reaction and reversals. Also when, people says about boring theories, I disagree, they are not boring, Author of the book studied the market in depth and derived those patterns and price behaviors based on the extensive study and research on the topic.
NSE:NMDCShort
by Kru-KB
NMDC LONG INTRADAY 10 MAY,2021 Dear trader, If u look at the chart of NMDC (analysis based intraday only) the NMDC Buy at 185 and Target at 193 Best Buy at 183. Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade. Best Buy level might be executed or might not be executed. The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis. In Intraday most important thing is to enter and exit points. Our signals are based on analytics, algorithms, mathematical derivatives. Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies. Kindly message us for strategies and analysis.
NSE:NMDCLong
by Tallastrading