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MARKET OUTLOOKNMDCSTOCK OUTLOOK

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

NMDC
NMDC
NMDC closed the previous week on a negative note losing 8.52%.

Technically, NMDC share price will see immediate support at 200.00 and immediate resistance would be seen at 218.30.

If NMDC share price closes below immediate support of 200.00, then sharp breakdown can be seen. NMDC share price will see major support at 189.15 for the week.

On the positive side, immediate resistance will be seen at 218.30. Closing above 218.30, NMDC share price will see a sharp breakout. Major resistance for NMDC share price will be seen at 225.75 for the week.

Trading range for NMDC share price for this week should be between 181.70 on down side and 236.60 on up side.

NMDC Previous Week High: 214.9

NMDC Previous Week Low: 196.6

NMDC Previous Week Range: 18.3 Points

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

Level Type Value
Resistance 3 236.60
Resistance 2 225.75
Resistance 1 218.30
Support 1 200.00
Support 2 189.15
Support 3 181.70
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{"buy_point":[{"en_ltd":"2024-01-19","en_sup_p_91":"210.28","en_sup_t_91":"200.38","prev_close":"203.60","en_close":"210.85","new_date":"Jan 19","prev_close_no":203},{"en_ltd":"2023-12-22","en_sup_p_91":"194.80","en_sup_t_91":"187.24","prev_close":"193.65","en_close":"195.40","new_date":"Dec 22","prev_close_no":193}],"sell_point":[{"en_ltd":"2024-01-08","en_sup_p_91":"216.36","en_sup_t_91":"226.74","prev_close":"222.70","en_close":"215.20","new_date":"Jan 8","prev_close_no":222},{"en_ltd":"2023-12-20","en_sup_p_91":"190.56","en_sup_t_91":"196.87","prev_close":"193.60","en_close":"183.40","new_date":"Dec 20","prev_close_no":193}]}

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