2026-06-02 10:20:56 am | Source: Religare Broking Ltd
Stock of the day : NMDC Ltd by Target Rs. 99 - Religare Broking Ltd
NMDC Limited
BUY NMDC Limited CMP 92.60 Range 92-93 SL 89 Target 99
* NMDC maintains a robust bullish structure, trading consistently above its key moving averages, reinforcing the prevailing positive trend and strong momentum profile.
* The recent breakout is accompanied by increased trading volumes, reflecting sustained institutional participation and accumulation at elevated levels.
* Momentum indicators continue to support further upside potential, provided the stock remains above its near-term support zone.
* Investors may consider buying the stock within the specified price range.
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