Stock of the day : National Mineral Development Corporation Ltd by Target Rs. 75

2025-07-21 11:40:55 am | Source: Religare Broking Ltd

Stock of the day : National Mineral Development Corporation Ltd by Target Rs. 75 - Religare Broking Ltd

News By Tags | #TradingReport #ReligareBrokingLtd #NationalMineralDevelopmentCorporationLtd

National Mineral Development Corporation Ltd

Buy National Mineral Development Corporation Ltd CMP 71.44 Range 70.50-71.50 SL 69 Target 75

* NMDC has gained upward momentum following the formation of a double bottom pattern on the daily chart.

* This bullish structure is further reinforced by a rising trendline that has been in place since the low observed on April 7, 2025.

* Additionally, the stock is well-supported by the 21-day and 50-day EMAs, which underline the strength of the ongoing uptrend.

* Investors may consider initiating long positions within the suggested price range.

Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ000174330

To Read The Complete Report & Disclaimer - Click Here

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Stock of the day : National Mineral Development Corporation Ltd by Target Rs. 75 - Religare Broking Ltd

Top News

Tag News

More News