NMDC LTD.

start of a bigger correction

360
NMDC CMP 212.35

Fibs - the rally could not go beyond the 50% of the swing is weakness. Break below 208 will bring fresh selling. It will also break the neckline below it.

H&S - with all the other things present we also have this reversal pattern. The tgt according to it is 120.

Conclusion - stocks dont fall in a straight line so we will keep watching the fibs for the rallies.

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