NMDC stock price analysis important levels and future actions
The stock price of NMDC has taken support from he 100 moving average on 12th May 2025
Yesterday, the stock price surged 4.21% and
A crossover has been seen between a 20 and 100 moving average in the upward direction, which indicates a further rise in price
Further rise in price may be seen, but the 200 moving average may act as an important resistance level
And today, the stock price of NMDC has faced resistance from he 200 exponential moving average only
If the stock price closes above the 200 moving average further rise in price may be seen
And the stock price may move towards the level of 74
RSI is at 60
The investor should wait for the closing above the 200 moving average on a daily basis chart
#WatchOutFor#TechnicalViews#SectorBreakouts

296 likes·79 comments

















