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MARKET OUTLOOKNMDCSTOCK OUTLOOK

NMDC Outlook for the Week (December 18, 2023 – December 22, 2023)

NMDC
NMDC
NMDC closed the previous week on a negative note losing 8.24%.

Technically, NMDC share price will see immediate support at 185.03 and immediate resistance would be seen at 201.33.

If NMDC share price closes below immediate support of 185.03, then sharp breakdown can be seen. NMDC share price will see major support at 175.12 for the week.

On the positive side, immediate resistance will be seen at 201.33. Closing above 201.33, NMDC share price will see a sharp breakout. Major resistance for NMDC share price will be seen at 207.72 for the week.

Trading range for NMDC share price for this week should be between 168.73 on down side and 217.63 on up side.

NMDC Previous Week High: 197.8

NMDC Previous Week Low: 181.5

NMDC Previous Week Range: 16.3 Points

NMDC share price support and resistance for the week (December 18, 2023 – December 22, 2023)

Level Type Value
Resistance 3 217.63
Resistance 2 207.72
Resistance 1 201.33
Support 1 185.03
Support 2 175.12
Support 3 168.73
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{"buy_point":[{"en_ltd":"2023-11-28","en_sup_p_91":"174.19","en_sup_t_91":"173.01","prev_close":"173.20","en_close":"181.65","new_date":"Nov 28","prev_close_no":173}],"sell_point":[{"en_ltd":"2023-11-16","en_sup_p_91":"169.00","en_sup_t_91":"175.20","prev_close":"169.80","en_close":"168.90","new_date":"Nov 16","prev_close_no":169}]}

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