Context - High volume MarkUp into 100-200 zone after 10 Year long causality in 50-100 zone
Up from Nov'20 to May'21 met supply at 190
Demand appeared at 100 in Jul'22
Plan -
to Purchase Breakout above 145
or, rejection indications near 100
PB 1x
PE 5x
ROCE 36%
Div 11%
Up from Nov'20 to May'21 met supply at 190
Demand appeared at 100 in Jul'22
Plan -
to Purchase Breakout above 145
or, rejection indications near 100
PB 1x
PE 5x
ROCE 36%
Div 11%
Trade active
NMDCUpdated Analysis - Earlier Levels are not relevant due to impact of corporate action
Plan ahead, to Purchase
on confirmation of Breakout above 120
or, rejection indications near 90
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.