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2025-12-15 11:19:41 am | Source: Religare Broking Ltd
Stock of the day : NMDC Ltd by Target Rs. 82 - Religare Broking Ltd
Stock of the day : NMDC Ltd by Target Rs. 82 - Religare Broking Ltd

NMDC Ltd

Buy NMDC Ltd CMP 77.94 Range 77-78 SL 75 Target 82

* NMDC is exhibiting improving bullish momentum following an extended consolidation, with price sustaining above key moving averages that have begun to turn upward, confirming strengthening trend support.

* The breakout above the recent congestion zone and a declining trendline indicates increasing buyer dominance.

* Maintaining levels above rising averages with supportive volume keeps the broader structure constructive.

* Long positions may be evaluated at current levels, anticipating continued trend continuation in line with prevailing momentum.

 

 

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