NMDC Technical Analysis
NMDC has been in news for all wrong reasons in coming few days and stock took severe beating starting from 500 levels to around 280 odd levels in around a month time frame.
Looking at the daily chart of NMDC stock looks quiet oversold on charts and bounce back to the channel top is immmenient. Stock fundamentally is a very good company also so i would advise long term investor to give atleast 20% exposure to the stock at the current levels.RSI is showing is positive divergence and MACD is …
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Looking at the daily chart of NMDC stock looks quiet oversold on charts and bounce back to the channel top is immmenient. Stock fundamentally is a very good company also so i would advise long term investor to give atleast 20% exposure to the stock at the current levels.RSI is showing is positive divergence and MACD is …
Read the full story »
posted by Bramesh at
1:10 AM
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