short term might dip due to big players wanting to get it. long term you will definitely profit. think at least 2 years horizon.
If any technical expert here,other than who pretend to be expert, Please suggest what is probability of this share price
NMDC is low BETA stock with face value 1. Its a slow moving stock like GAIL and IOC so not expecting much appreciation till ex- bonus date. Those who are holding 100 shares will be holding 300 shares on record date as the bonus ratio is 2 for every 1 held. Stock price will be reduced to one third on ex bonus date, hence sub 100 level is almost confirmed....
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