ai0219
Long

NBCC buy @ 57.50

NSE:NBCC   NBCC (INDIA) LTD
69 views
1
NBCC has shown breakout & re-test of trendline on 125 min timeframe along with double divergence of rsi on daily charts . The future cloud is bullish & the ichimoku cloud set-up also gives a buying signal.
For Traders:
buy NBCC @ 57.50 with stop below 53 on 125min candle closing basis & a target of 64-68++ (timeframe 3-10 days)
For positional investors :
Buy on dips between 50-57 with a stop of 40 and target of 80-100++

Comments

First target of 64-66 achieved ... hopefully you have booked partial profits. Safe traders could have booked full profits near 65-66 levels. More than 10% returns so far if booked profits.
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