Status | Closed |
Date | 11/01/2023 12.35 PM |
Stock | NMDC Limited |
RECO | Buy |
RECO Price | 127 |
Target Price | 132.8 |
Stop Loss | 122 |
Report File | Download |
Rationale for Recommendation
SHORT TERM TRADING CALL: BUY Call for NMDC at ₹127 for target of ₹132.80 with stop loss of ₹122.
NMDC has crossed above its 200 EMA of ₹125.09 and it has now breached its 2 months high levels of ₹127. We saw today is trading with heavy price volume today.