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MARKET OUTLOOKNMDCSTOCK OUTLOOK

NMDC Outlook for the Week (September 11, 2023 – September 15, 2023)

NMDC
NMDC
NMDC closed the previous week on a negative note losing 8.65%.

Technically, NMDC share price will see immediate support at 135.07 and immediate resistance would be seen at 147.67.

If NMDC share price closes below immediate support of 135.07, then sharp breakdown can be seen. NMDC share price will see major support at 127.73 for the week.

On the positive side, immediate resistance will be seen at 147.67. Closing above 147.67, NMDC share price will see a sharp breakout. Major resistance for NMDC share price will be seen at 152.93 for the week.

Trading range for NMDC share price for this week should be between 122.47 on down side and 160.27 on up side.

NMDC Previous Week High: 145.6

NMDC Previous Week Low: 133

NMDC Previous Week Range: 12.6 Points

NMDC share price support and resistance for the week (September 11, 2023 – September 15, 2023)

Level Type Value
Resistance 3 160.27
Resistance 2 152.93
Resistance 1 147.67
Support 1 135.07
Support 2 127.73
Support 3 122.47

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