Long Position in NMDC
1. Stock has broken previous resistance at 145 levels.
2. Stock is showing uptrend and positive momentum as per MACD. Please refer to the attached link of more details on the indicator.
3. Stock has reversed from the most important fibonnaci levels of 61.8 % giving further conformation of reversal.
4. Target is all time high of 193 and stop loss just below the breakout levels at 143.
2. Stock is showing uptrend and positive momentum as per MACD. Please refer to the attached link of more details on the indicator.
3. Stock has reversed from the most important fibonnaci levels of 61.8 % giving further conformation of reversal.
4. Target is all time high of 193 and stop loss just below the breakout levels at 143.
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