NMDC - Destruction ahead

Actualizado
Formation of an impulsive wave having 4th wave already completed. Currently the stock is trading in the 5th wave which is expected to be completed in the zone of 35-34. The idea will be invalidated if the stock sustained above the level of 86 till then it is sell on rise candidate.
Nota
imagen
Nota
the recent lows didn't break, suggesting the wave 4 still pending for completion. Expected to complete in the region of 85-90 zone.
stockmarketanalysisTrend AnalysisWave Analysis

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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