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MARKET OUTLOOKNMDCSTOCK OUTLOOK

NMDC Outlook for the Week (December 25, 2023 – December 29, 2023)

NMDC
NMDC
NMDC closed the previous week on a negative note losing 9.44%.

Technically, NMDC share price will see immediate support at 183.98 and immediate resistance would be seen at 202.73.

If NMDC share price closes below immediate support of 183.98, then sharp breakdown can be seen. NMDC share price will see major support at 172.57 for the week.

On the positive side, immediate resistance will be seen at 202.73. Closing above 202.73, NMDC share price will see a sharp breakout. Major resistance for NMDC share price will be seen at 210.07 for the week.

Trading range for NMDC share price for this week should be between 165.23 on down side and 221.48 on up side.

NMDC Previous Week High: 198.65

NMDC Previous Week Low: 179.9

NMDC Previous Week Range: 18.75 Points

NMDC share price support and resistance for the week (December 25, 2023 – December 29, 2023)

Level Type Value
Resistance 3 221.48
Resistance 2 210.07
Resistance 1 202.73
Support 1 183.98
Support 2 172.57
Support 3 165.23
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