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MARKET OUTLOOKNMDCSTOCK OUTLOOK

NMDC Outlook for the Week (April 22, 2024 – April 26, 2024)

NMDC
NMDC
NMDC closed the previous week on a negative note losing 7.09%.

Technically, NMDC share price will see immediate support at 227.72 and immediate resistance would be seen at 245.22.

If NMDC share price closes below immediate support of 227.72, then sharp breakdown can be seen. NMDC share price will see major support at 219.78 for the week.

On the positive side, immediate resistance will be seen at 245.22. Closing above 245.22, NMDC share price will see a sharp breakout. Major resistance for NMDC share price will be seen at 254.78 for the week.

Trading range for NMDC share price for this week should be between 210.22 on down side and 262.72 on up side.

NMDC Previous Week High: 246.85

NMDC Previous Week Low: 229.35

NMDC Previous Week Range: 17.5 Points

NMDC share price support and resistance for the week (April 22, 2024 – April 26, 2024)

Level Type Value
Resistance 3 262.72
Resistance 2 254.78
Resistance 1 245.22
Support 1 227.72
Support 2 219.78
Support 3 210.22
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