Published on 12/06/2019 9:21:22 AM | Source: Religare Securities Ltd

Buy NMDC Ltd For Target Rs.114 - Religare Sec

Posted in Broking Firm Views - Short Term Report| #Mining Sector #NMDC Ltd. #Trading Report #Religare Securities Ltd

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Derivative Ideas

NMDC added around 10% in open interest as long buildup was seen in it in previous session. Current chart pattern also indicates further up move in its price. We suggest buying NMDC in cash as per below levels.

Strategy:- BUY NMDC BETWEEN 105-107, STOPLOSS AT 103, TARGET 114.


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