NMDC - Investment Stock!

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Price action has broken the downward channel and took support at 123 - 125 level. We can buy above 123 with the stoploss of 120. Targets are 140 ,145 and 150. RSI has formed hidden bullish divergence. Hidden bullish divergence occurs when price is making a higher low (HL), but the oscillator is making a lower low (LL). Consult your financial manager before investing.

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