Stock Radar: Why NMDC could be a ‘buy on dip’ stock after 20% fall from highs?
- Posted on November 4, 2024
- By Business News Today
- 2 Views
Stock Radar: Why NMDC could be a ‘buy on dip’ stock after 20% fall from highs?
NMDC Ltd, trading within a Symmetrical Triangle pattern, finds support at its lower boundary post a 21% decline from its 52-week high. Experts suggest that high-risk traders can consider buying on dips for a potential rebound to Rs 242-264, setting a stop-loss at Rs 210.
