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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SEBI Registration number is INZ00017433
