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MARKET OUTLOOKNMDCSTOCK OUTLOOK

NMDC Outlook for the Week (February 26, 2024 – March 01, 2024)

NMDC
NMDC
NMDC closed the previous week on a negative note losing 7.63%.

Technically, NMDC share price will see immediate support at 229.60 and immediate resistance would be seen at 248.70.

If NMDC share price closes below immediate support of 229.60, then sharp breakdown can be seen. NMDC share price will see major support at 220.90 for the week.

On the positive side, immediate resistance will be seen at 248.70. Closing above 248.70, NMDC share price will see a sharp breakout. Major resistance for NMDC share price will be seen at 259.10 for the week.

Trading range for NMDC share price for this week should be between 210.50 on down side and 267.80 on up side.

NMDC Previous Week High: 250.4

NMDC Previous Week Low: 231.3

NMDC Previous Week Range: 19.1 Points

NMDC share price support and resistance for the week (February 26, 2024 – March 01, 2024)

Level Type Value
Resistance 3 267.80
Resistance 2 259.10
Resistance 1 248.70
Support 1 229.60
Support 2 220.90
Support 3 210.50
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