NMDC LTD.
Short

NMDC looks to be moving down as a Zig Zag correction

127
It looks like NMDC has just completed a 5 legged up move with the Wave 5 being an Ending Diagonal.
Currently it looks like the market is moving down in a Zig Zag corrective structure and can see atleast one more leg down.

It should be noted that I do not track this instrument and this is my first look at it.

snapshot

snapshot

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.