$NMR just printed a strong breakout on the 1H chart, pushing from the 10.8 zone to a local high near 12.12. Price is currently holding around 11.59, staying above all key EMAs (7, 25, 99), which keeps the short term trend bullish.
After the sharp impulse move, NMR is now consolidating above the breakout area. As long as price holds above 11.30–11.40, the structure remains healthy and dips look controlled rather than weak.
Levels to watch Buy zone: 11.40 – 11.55
Support: 11.20
Resistance: 12.10 – 12.50
Targets: 12.10 → 12.50 → 13.00
Stop loss: Below 11.10
Volume expansion confirms real participation, not just a fake spike. A clean hold above 12.10 could open continuation toward the next leg up.
Trade smart and manage risk.
