Stock of the day : NMDC Ltd by Target Rs. 83 - Religare Broking Ltd

NMDC Ltd
Buy NMDC Ltd CMP 78.80 Range 78-79 SL 76 Target 83
* NMDC exhibits robust bullish momentum, with price action firmly positioned above key moving averages, confirming the strength of the prevailing uptrend.
* The stock has achieved a new yearly high following an upside breakout, reinforcing the likelihood of continued positive momentum in upcoming sessions.
* The formation of higher highs and higher lows, supported by rising volumes, indicates sustained market optimism.
* Traders may consider initiating long positions near mentioned level.
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