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NMDC closed the previous week on a negative note losing 19.85%.
Technically, NMDC share price will see immediate support at 179.97 and immediate resistance would be seen at 227.12.
If NMDC share price closes below immediate support of 179.97, then sharp breakdown can be seen. NMDC share price will see major support at 161.58 for the week.
On the positive side, immediate resistance will be seen at 227.12. Closing above 227.12, NMDC share price will see a sharp breakout. Major resistance for NMDC share price will be seen at 255.88 for the week.
Trading range for NMDC share price for this week should be between 132.82 on down side and 274.27 on up side.
NMDC Previous Week High: 237.5
NMDC Previous Week Low: 190.35
NMDC Previous Week Range: 47.15 Points
NMDC share price support and resistance for the week (March 18, 2024 – March 22, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 274.27 |
| Resistance 2 | 255.88 |
| Resistance 1 | 227.12 |
| Support 1 | 179.97 |
| Support 2 | 161.58 |
| Support 3 | 132.82 |
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