NMDC: Short term & Mid term view- Bullish

Target given by using patterns. Indicators are showing bullish signals on weekly chart and Daily MACD crossover may happen on upcoming days. Be ready for the next move on upside. Stoploss as per your risk. Apart from technical Iron and coal prices are multiyear high so can expect a good quarter on fundamental side.

Vijayaraghavan.K,
Kovilpatti,Tuticorin dist.

Kommentar:

Results are good.. and taking support from trend line.. Can expect upward move on
upcoming weeks