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Wolf-AD7

NBCC - Bottomed Out

Long
NBCC (INDIA) LTD (NSE:NBCC)  
Wolf-AD7  
NSE:NBCC   NBCC (INDIA) LTD
Support and Resistance Candlestick Analysis Cup And Handle stockideas stockmarkets
266
40
supportandresistance candlestick cupandhandle stockideas stockmarkets
Long weekly down trend appears to have bottomed out with a surge in volumes forming a "Cup" pattern.

Thereafter, slight retracement from marked yellow resistance zone confirms formation of the "Handle" to the "Cup".

Breakout of the Cup & Handle is indicative of a Bullish Reversal, which could push up towards the next resistance zone.

NFA. DYOR.
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