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MARKET OUTLOOKNMDCSTOCK OUTLOOK

NMDC Outlook for the Week (October 30, 2023 – November 03, 2023)

NMDC
NMDC
NMDC closed the previous week on a negative note losing 6.05%.

Technically, NMDC share price will see immediate support at 149.47 and immediate resistance would be seen at 159.07.

If NMDC share price closes below immediate support of 149.47, then sharp breakdown can be seen. NMDC share price will see major support at 144.53 for the week.

On the positive side, immediate resistance will be seen at 159.07. Closing above 159.07, NMDC share price will see a sharp breakout. Major resistance for NMDC share price will be seen at 163.73 for the week.

Trading range for NMDC share price for this week should be between 139.87 on down side and 168.67 on up side.

NMDC Previous Week High: 158.8

NMDC Previous Week Low: 149.2

NMDC Previous Week Range: 9.6 Points

NMDC share price support and resistance for the week (October 30, 2023 – November 03, 2023)

Level Type Value
Resistance 3 168.67
Resistance 2 163.73
Resistance 1 159.07
Support 1 149.47
Support 2 144.53
Support 3 139.87
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{"buy_point":[{"en_ltd":"2023-10-10","en_sup_p_91":"146.54","en_sup_t_91":"142.57","prev_close":"143.15","en_close":"150.25","new_date":"Oct 10","prev_close_no":143},{"en_ltd":"2023-09-29","en_sup_p_91":"147.07","en_sup_t_91":"141.51","prev_close":"141.90","en_close":"147.95","new_date":"Sep 29","prev_close_no":141},{"en_ltd":"2023-09-14","en_sup_p_91":"144.46","en_sup_t_91":"141.26","prev_close":"142.20","en_close":"150.20","new_date":"Sep 14","prev_close_no":142}],"sell_point":[{"en_ltd":"2023-10-20","en_sup_p_91":"160.56","en_sup_t_91":"164.84","prev_close":"163.40","en_close":"158.05","new_date":"Oct 20","prev_close_no":163},{"en_ltd":"2023-10-09","en_sup_p_91":"144.20","en_sup_t_91":"146.54","prev_close":"145.80","en_close":"143.15","new_date":"Oct 9","prev_close_no":145},{"en_ltd":"2023-09-21","en_sup_p_91":"145.98","en_sup_t_91":"150.47","prev_close":"148.05","en_close":"143.95","new_date":"Sep 21","prev_close_no":148}]}

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