"NMDC - आयरन ओर का राजा, उत्पादन का नया कीर्तिमान!

Detailed Technical Analysis Daily chart depicts range-bound consolidation post-2-day upside bounce from ₹75.61 lows, hammer at ₹77.74 PP ₹78.17 support (50-SMA ₹78.50 proximity + 38.2% Fib retracement) with volume balance signaling accumulation amid downtrend pause. Mixed MAs (short-term 5/10 SMA bullish ₹78.08-78.50, longer 20/50/200 bearish ₹79+), EMAs neutral; RSI(14) 56.12 Buy, STOCH(20,3) 88.50 overbought relief, MACD -0.50 outperform contracting. Pivot: PP ₹78.17/R1 ₹79.48/R2 ₹80.88/R3 ₹82.19, S1 ₹76.77/S2 ₹75.61/S3 ₹74.21. CCI 129.69 outperform, ROC +6.11 Buy; short target R1 ₹79.48 (2%), medium R2 ₹80.88 (4%), long ₹86.72 ATH (12%).

News & Events Impact Mar'26 record volumes 53 MT FY26 triggered +3% rally validating execution; Chhattisgarh auctions 130,800 t (Feb '26) +2% reaction Fe 60-67% grades. Bailadila new mine inauguration +4% intraday; negative: China steel weakness trimmed 1.5%. Global Cues & War Impact War spikes iron ore freight costs 10-15% via crude/oil but NMDC domestic focus (FOB basis auctions) insulates vs exporters; China slowdown >30 MT FY26 pressure offset by domestic infra. Rally Sustainability Range rally post-2D up 65% sustainable >PP ₹78.17 close + STOCH relief; bounce-back risk 35% if <S1 ₹76.77 amid China drag, but volumes support continuation.