Chart of the week. NMDC 13/10/23
NMDC has made a huge rounding bottom pattern of its long time chart. For around 12 years, the stock took resistance around 150 and this week it has finally give a successful closing above. Even volume based buying can be seen on chart, hence, I am recommending to take a trade. Breakouts after such a long period should be taken very seriously and I am not recommending this stock for trading, however, even traders can take an advantage. Long term I personally think its a multi bagger and the targets are really huge and if I mention here hardly few would believe.
CMP - 160 (14/10/23)
T - 200, 230 W
SL - 140 W
CMP - 160 (14/10/23)
T - 200, 230 W
SL - 140 W
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。