NMDC LTD.
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NMDC: The Investment Bet

NMDC retraced almost 78% of the 3rd wave and 61.8% of the whole move from 75 to 152. The stock seems to have made a nice reversal near 102 for the beginning of wave 5. As per this Elliot count, 152 levels are quite possible in medium term.

Entries -- either current price or any lower price if and when the opportunity arises.
Targets -- partial profit @ 133, trailing the rest of the position for final target of 150.
Stop -- 102

Hit like for better analysis in future. Comments are welcomed.
Trade safe.


Best Regards
Bravetotrade
ملاحظة
Flying higher.
ملاحظة
130 seems soon on the cards.
ملاحظة
Recovering strong.


لقطة
ملاحظة
Hit the first target.
Be careful @ 143/144 -- a falling trend line zone.


لقطة

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