Technical Trading Idea : NMDC Ltd Target Rs.79.15 By Motilal Oswal Wealth Management

NMDC Ltd
Buy NMDC Ltd CMP 72.80 SL 68.80 TARGET 79.15 DURATION Weekly
*Symmetrical Triangle breakout on daily scale.
• Large bodied bullish candle.
• High volumes to confirm the breakout.
• RSI momentum indicator giving positive crossover.
• We recommend to buy the stock at CMP Rs.72.80 with a SL of Rs.68.80 and a TGT of Rs.79.15.
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