Garey_Singh

NMDC LTD. - BULLISH SIGNS!!

Long
NSE:NMDC   NMDC LTD
NMDC LTD.

The stock has witnessed a breakout from the symmetrical triangle pattern.
It is likely to see further strength in the daily chart above the supply zone high of 82.5 levels.

RSI suggesting strength since it has breached prior RSI resistance. TE TOOL also generated a BULLISH opportunity.

The next resistance in the chart comes at 94 levels (100 SMA). You can consider 50 SMA as immediate support.

KEEP AN EYE !! #B+

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Garey
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