capsule91

NCC on wyckoff reaccumulation

Long
NSE:NCC   NCC LTD
The present price action went above the demand line of the channel and face a climactic stopping action n came back into the trading range to retest supply..
this looks like last point of support in formation post Phase C sos..
Also the huge surge in volume at 52week support speaks the same impression
whats interesting is, the macd is bearish and ichimoku system is at a decision point, and rsi is at long term support..
Lets see how it evolves into a LPS , the upside is modest..

Disclaimer.. not an investing/trading recommendation
NSE:NCC BSE:NCC
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