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MARKET OUTLOOKNMDCSTOCK OUTLOOK

NMDC Outlook for the Week (October 16, 2023 – October 20, 2023)

NMDC
NMDC
NMDC closed the previous week on a negative note losing 14.29%.

Technically, NMDC share price will see immediate support at 145.67 and immediate resistance would be seen at 169.12.

If NMDC share price closes below immediate support of 145.67, then sharp breakdown can be seen. NMDC share price will see major support at 131.43 for the week.

On the positive side, immediate resistance will be seen at 169.12. Closing above 169.12, NMDC share price will see a sharp breakout. Major resistance for NMDC share price will be seen at 178.33 for the week.

Trading range for NMDC share price for this week should be between 122.22 on down side and 192.57 on up side.

NMDC Previous Week High: 164.1

NMDC Previous Week Low: 140.65

NMDC Previous Week Range: 23.45 Points

NMDC share price support and resistance for the week (October 16, 2023 – October 20, 2023)

Level Type Value
Resistance 3 192.57
Resistance 2 178.33
Resistance 1 169.12
Support 1 145.67
Support 2 131.43
Support 3 122.22
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{"buy_point":[{"en_ltd":"2023-10-10","en_sup_p_91":"146.54","en_sup_t_91":"142.57","prev_close":"143.15","en_close":"150.25","new_date":"Oct 10","prev_close_no":143},{"en_ltd":"2023-09-29","en_sup_p_91":"147.07","en_sup_t_91":"141.51","prev_close":"141.90","en_close":"147.95","new_date":"Sep 29","prev_close_no":141},{"en_ltd":"2023-09-14","en_sup_p_91":"144.46","en_sup_t_91":"141.26","prev_close":"142.20","en_close":"150.20","new_date":"Sep 14","prev_close_no":142}],"sell_point":[{"en_ltd":"2023-10-09","en_sup_p_91":"144.20","en_sup_t_91":"146.54","prev_close":"145.80","en_close":"143.15","new_date":"Oct 9","prev_close_no":145},{"en_ltd":"2023-09-21","en_sup_p_91":"145.98","en_sup_t_91":"150.47","prev_close":"148.05","en_close":"143.95","new_date":"Sep 21","prev_close_no":148},{"en_ltd":"2023-09-12","en_sup_p_91":"139.83","en_sup_t_91":"145.83","prev_close":"144.50","en_close":"136.50","new_date":"Sep 12","prev_close_no":144}]}

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