Finally NMDC is getting its dues..the market seems to be ready to finally give a value to its steel plant as well along with its core business which is BOOMING based off tailwinds of global iron ore prices.
Technically the stock is about the breakout of a VCP/Invested H&S..can call it many setups..plus the AVWAP of the entire correction in the stock from the previous high is also 161.50.
Long above 162. SL below the 200EMA which is 145.
Technically the stock is about the breakout of a VCP/Invested H&S..can call it many setups..plus the AVWAP of the entire correction in the stock from the previous high is also 161.50.
Long above 162. SL below the 200EMA which is 145.