NBCC is showing a constructive weekly structure after a healthy pullback.
Price is holding above key moving averages
Higher lows indicate trend continuation
Tight consolidation near resistance suggests accumulation
Setup favors a range breakout on strength
Trade View:
Buy on strength above ₹125
Support zone: ₹112
Target - 140-150-160
Upside: Gradual move towards prior highs if breakout sustains
⚠️ Purely technical view. Risk management is essential.
Price is holding above key moving averages
Higher lows indicate trend continuation
Tight consolidation near resistance suggests accumulation
Setup favors a range breakout on strength
Trade View:
Buy on strength above ₹125
Support zone: ₹112
Target - 140-150-160
Upside: Gradual move towards prior highs if breakout sustains
⚠️ Purely technical view. Risk management is essential.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.