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MARKET OUTLOOKNMDCSTOCK OUTLOOK

NMDC Outlook for the Week (February 05, 2024 – February 09, 2024)

NMDC
NMDC
NMDC closed the previous week on a negative note losing 8.46%.

Technically, NMDC share price will see immediate support at 222.80 and immediate resistance would be seen at 242.90.

If NMDC share price closes below immediate support of 222.80, then sharp breakdown can be seen. NMDC share price will see major support at 210.05 for the week.

On the positive side, immediate resistance will be seen at 242.90. Closing above 242.90, NMDC share price will see a sharp breakout. Major resistance for NMDC share price will be seen at 250.25 for the week.

Trading range for NMDC share price for this week should be between 202.70 on down side and 263.00 on up side.

NMDC Previous Week High: 237.5

NMDC Previous Week Low: 217.4

NMDC Previous Week Range: 20.1 Points

NMDC share price support and resistance for the week (February 05, 2024 – February 09, 2024)

Level Type Value
Resistance 3 263.00
Resistance 2 250.25
Resistance 1 242.90
Support 1 222.80
Support 2 210.05
Support 3 202.70
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