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MARKET OUTLOOKNMDCSTOCK OUTLOOK

NMDC Outlook for the Week (March 04, 2024 – March 08, 2024)

NMDC
NMDC
NMDC closed the previous week on a negative note losing 7.50%.

Technically, NMDC share price will see immediate support at 221.80 and immediate resistance would be seen at 239.75.

If NMDC share price closes below immediate support of 221.80, then sharp breakdown can be seen. NMDC share price will see major support at 212.55 for the week.

On the positive side, immediate resistance will be seen at 239.75. Closing above 239.75, NMDC share price will see a sharp breakout. Major resistance for NMDC share price will be seen at 248.45 for the week.

Trading range for NMDC share price for this week should be between 203.85 on down side and 257.70 on up side.

NMDC Previous Week High: 239.2

NMDC Previous Week Low: 221.25

NMDC Previous Week Range: 17.95 Points

NMDC share price support and resistance for the week (March 04, 2024 – March 08, 2024)

Level Type Value
Resistance 3 257.70
Resistance 2 248.45
Resistance 1 239.75
Support 1 221.80
Support 2 212.55
Support 3 203.85
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