ChartReaderSandy

NBCC : Pennant Breakout ...

Long
NSE:NBCC   NBCC (INDIA) LTD
as we can clearly see after the channel breakout the consolidation period is continue and there is a pennant pattern making which is again ready for the breakout ..for the confirmation the MACD indicator also shows the BUY signal in the chart.
if it breakouts we can go for the long... we can also wait for for the retest.

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