Thursday, August 20, 2015

NMDC - A Quick bounce is on cards

A quick bounce can not be ruled out at these levels. Brave-hearts can try their luck for 10 to 15% gain. Looking at the time frame taken to mature the double bottom, bounce should be more stronger. Need a bit luck coupled with market sentiment....look out for this mouth watering opportunity.

To me it's buying range is between 92 to 100, stop loss to maintain 83

Below chart is of GMDC very similar in nature as shown above, however it has already bounced from 80 to 84, still more upside can not be ruled out. In this post only TATA motors has been recommended


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