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MARKET OUTLOOKNMDCSTOCK OUTLOOK

NMDC Outlook for the Week (April 01, 2024 – April 05, 2024)

NMDC
NMDC
NMDC closed the previous week on a negative note losing 3.73%.

Technically, NMDC share price will see immediate support at 198.10 and immediate resistance would be seen at 205.80.

If NMDC share price closes below immediate support of 198.10, then sharp breakdown can be seen. NMDC share price will see major support at 194.45 for the week.

On the positive side, immediate resistance will be seen at 205.80. Closing above 205.80, NMDC share price will see a sharp breakout. Major resistance for NMDC share price will be seen at 209.85 for the week.

Trading range for NMDC share price for this week should be between 190.40 on down side and 213.50 on up side.

NMDC Previous Week High: 206.2

NMDC Previous Week Low: 198.5

NMDC Previous Week Range: 7.7 Points

NMDC share price support and resistance for the week (April 01, 2024 – April 05, 2024)

Level Type Value
Resistance 3 213.50
Resistance 2 209.85
Resistance 1 205.80
Support 1 198.10
Support 2 194.45
Support 3 190.40
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{"buy_point":[{"en_ltd":"2024-02-15","en_sup_p_91":"238.63","en_sup_t_91":"237.09","prev_close":"235.55","en_close":"246.95","new_date":"Feb 15","prev_close_no":235}],"sell_point":[{"en_ltd":"2024-03-11","en_sup_p_91":"233.31","en_sup_t_91":"241.15","prev_close":"238.80","en_close":"228.85","new_date":"Mar 11","prev_close_no":238},{"en_ltd":"2024-02-21","en_sup_p_91":"237.77","en_sup_t_91":"248.14","prev_close":"240.95","en_close":"232.60","new_date":"Feb 21","prev_close_no":240}]}

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