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MARKET OUTLOOKNMDCSTOCK OUTLOOK

NMDC Outlook for the Week (April 15, 2024 – April 19, 2024)

NMDC
NMDC
NMDC closed the previous week on a negative note losing 11.17%.

Technically, NMDC share price will see immediate support at 222.55 and immediate resistance would be seen at 249.85.

If NMDC share price closes below immediate support of 222.55, then sharp breakdown can be seen. NMDC share price will see major support at 206.20 for the week.

On the positive side, immediate resistance will be seen at 249.85. Closing above 249.85, NMDC share price will see a sharp breakout. Major resistance for NMDC share price will be seen at 260.80 for the week.

Trading range for NMDC share price for this week should be between 195.25 on down side and 277.15 on up side.

NMDC Previous Week High: 244.45

NMDC Previous Week Low: 217.15

NMDC Previous Week Range: 27.3 Points

NMDC share price support and resistance for the week (April 15, 2024 – April 19, 2024)

Level Type Value
Resistance 3 277.15
Resistance 2 260.80
Resistance 1 249.85
Support 1 222.55
Support 2 206.20
Support 3 195.25
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{"buy_point":[{"en_ltd":"2024-04-01","en_sup_p_91":"207.86","en_sup_t_91":"200.14","prev_close":"201.75","en_close":"212.60","new_date":"Apr 1","prev_close_no":201}],"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}]}

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