The short-term outlook is bullish for NMDC. The stock has surged about 6.7 per cent so far this week. This rise is happening from an important trendlines support. It indicates that the stock has resumed the broader uptrend after a short period of correction. Support is in the ₹78-₹76 region which can limit the downside. Fresh buyers are likely to come into the market in this support zone. NMDC share price can rise to ₹89-90 in the coming weeks. Traders can buy NMDC shares now at ₹81.50. Accumulate on dips at ₹79.50. Keep the stop-loss at ₹75. Trail the stop-loss up to ₹83 as soon as the stock goes up to ₹85. Revise the stop-loss higher to ₹84 and ₹86 when the price touches ₹87 and ₹88 respectively. Exit the long positions at ₹90.
Video Credit: Businessline
(Note: The recommendations are based on technical analysis. There is risk of loss in trading.)
Published on January 29, 2026
