Sudarshan Sukhani, s2analytics.com advises to sell NMDC at current level.
Sukhani told CNBC-TV18, “NMDC was a sell idea in the morning. There is no courage needed. If charts are not that conducive, we sell. Then we let the market decide whether it wants to reward us or not. NMDC is a short sell even now.”
On April 18, NMDC closed at Rs 123.75, down Rs 3.15, or 2.48 percent. It has touched an intraday high of Rs 127.85 and an intraday low of Rs 122.30.