NMDC Limited
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NMDC Short Term Breakout Trade

205
The 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.
Dagangan ditutup: hentian tercapai

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.