NMDC Outlook for the Week (December 16, 2024 – December 20, 2024)
NMDC closed the previous week on a negative note losing -2.39%.
Technically, NMDC share price will see immediate support at 225.80 and immediate resistance would be seen at 245.08.
If NMDC share price closes below immediate support of 225.80, then sharp breakdown can be seen. NMDC share price will see major support at 217.86 for the week.
On the positive side, immediate resistance will be seen at 245.08. Closing above 245.08, NMDC share price will see a sharp breakout. Major resistance for NMDC share price will be seen at 256.42 for the week.
Trading range for NMDC share price for this week should be between 206.52 on down side and 264.36 on up side.
NMDC Previous Week Open: 239.45
NMDC Previous Week High: 248.49
NMDC Previous Week Low: 229.21
NMDC Previous Week Close: 233.73
NMDC Previous Week Range: 19.28 Points
NMDC share price support and resistance for the week (December 16, 2024 - December 20, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 264.36 |
| Resistance 2 | 256.42 |
| Resistance 1 | 245.08 |
| Support 1 | 225.80 |
| Support 2 | 217.86 |
| Support 3 | 206.52 |
