Stock of the day : National Mineral Development Corporation Ltd For Target Rs. 275- Religare Broking Ltd
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National Mineral Development Corporation Ltd
* We are seeing decent traction in the PSU related stocks and NMDC is offering a fresh buying opportunity.
* It has been in strong uptrend forming series of high highs and lows with gradual rise in volumes.
* After retracement from the recent highs stock has formed a fresh buying pivot and reclaimed its short term moving average indicates momentum in place.
* Traders can consider fresh longs in the mentioned range.
Buy National Mineral Development Corporation Ltd CMP 263.10 Range 262-265 SL 256; Target 275
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SEBI Registration number is INZ000174330
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