New Delhi, Sept. 24 -- Buy above Rs.761 and on dips to Rs.735, stop Rs.725, target Rs.820-840
Buy above Rs.535 and on dips to Rs.510, stop Rs.495, target Rs.585-600
Buy above Rs.1585 and on dips to Rs.1530, stop Rs.1520, target Rs.1698-1730
Why it's recommended: NMDC is showing strong short-term momentum as it sustains above key support levels. The daily RSI at 70.70 highlights robust bullish strength, while the MACD at +1.58 confirms a positive trend continuation. The ADX at 27 signals healthy trend strength, suggesting that the upmove is supported by a firm underlying structure. Price action holding above Rs.77 reflects demand absorption, keeping the bias positive for further upside.
RSI (14-day): 70.70 - strong bullish momentum
MA...
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