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MARKET OUTLOOKNMDCSTOCK OUTLOOK

NMDC Outlook for the Week (September 04, 2023 – September 08, 2023)

NMDC
NMDC
NMDC closed the previous week on a negative note losing 8.63%.

Technically, NMDC share price will see immediate support at 123.10 and immediate resistance would be seen at 134.40.

If NMDC share price closes below immediate support of 123.10, then sharp breakdown can be seen. NMDC share price will see major support at 115.70 for the week.

On the positive side, immediate resistance will be seen at 134.40. Closing above 134.40, NMDC share price will see a sharp breakout. Major resistance for NMDC share price will be seen at 138.30 for the week.

Trading range for NMDC share price for this week should be between 111.80 on down side and 145.70 on up side.

NMDC Previous Week High: 130.9

NMDC Previous Week Low: 119.6

NMDC Previous Week Range: 11.3 Points

NMDC share price support and resistance for the week (September 04, 2023 – September 08, 2023)

Level Type Value
Resistance 3 145.70
Resistance 2 138.30
Resistance 1 134.40
Support 1 123.10
Support 2 115.70
Support 3 111.80

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