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MARKET OUTLOOKNMDCSTOCK OUTLOOK

NMDC Outlook for the Week (November 20, 2023 – November 24, 2023)

NMDC
NMDC
NMDC closed the previous week on a negative note losing 6.21%.

Technically, NMDC share price will see immediate support at 164.50 and immediate resistance would be seen at 175.55.

If NMDC share price closes below immediate support of 164.50, then sharp breakdown can be seen. NMDC share price will see major support at 160.10 for the week.

On the positive side, immediate resistance will be seen at 175.55. Closing above 175.55, NMDC share price will see a sharp breakout. Major resistance for NMDC share price will be seen at 182.20 for the week.

Trading range for NMDC share price for this week should be between 153.45 on down side and 186.60 on up side.

NMDC Previous Week High: 177.8

NMDC Previous Week Low: 166.75

NMDC Previous Week Range: 11.05 Points

NMDC share price support and resistance for the week (November 20, 2023 – November 24, 2023)

Level Type Value
Resistance 3 186.60
Resistance 2 182.20
Resistance 1 175.55
Support 1 164.50
Support 2 160.10
Support 3 153.45
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