NMDC Ltd. - Facing strong resistance !!

NMDC Ltd.

The stock formed a weak candle right at 100 SMA and at 38.2% FIB Level.

RSI IS IN STRENGTH ZONE
***TRADINGEDGE TIME-TREND INDICATOR IS BEARISH***
***TE BANDS ARE IN RED ZONE***

I belief that the weakness is likely to get extended below 89-90 level. 85.5 is the nearby support followed by 83.

KEEP AN EYE!!
#tradingedge_academy #SMTA_institute

***this is my personal view. Please take advice from your financial advisor before investing.