NMDC Ltd. - Buy or not ?????

What's your opinion about buying NMDC Ltd. (526371) now at 260 Rs. and hold atleast for 4 to 5 months????

Replies (2)

Dear sujal,

if your view is of 4-5 months, then its target would be around Rs. 300....

So you can buy it aroung 262 Rs. level, but if stock continuously corrects & breaks the level of 252 Rs, then its target on the lower side is 240Rs. So on the low , you can accumulate... It is consolidating around 260 Rs. levels, so more probability is on its upside during 4-5 months...

Regards

RAGHAV

don't buy NMDC , buy REC or PFC both are good stock.

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