NeeravYadav

NMDC looks to be moving down as a Zig Zag correction

Short
NSE:NMDC   NMDC LTD
It looks like NMDC has just completed a 5 legged up move with the Wave 5 being an Ending Diagonal.
Currently it looks like the market is moving down in a Zig Zag corrective structure and can see atleast one more leg down.

It should be noted that I do not track this instrument and this is my first look at it.



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