NOCIL LTD HAD CORRECTED 40% FROM ITS TOP
And it is ready to give a huge run-up of 27%
FUNDAMENTAL REASON
1. China had stopped its supply throughout the world so India is expected to fill those requirements and the company is in the chemical business so there would be a huge demand in the coming future.
2. We could see some huge movement today and this kind of...
As the realty sector is picking up the momentum , NCC can be a high return scrip over short period of time. Invest and sit before you miss the breakout rally.
#Watchlist
#DELTACORP (W) broke the multiyear (Resistance Trendline) after a long time with a good volume confirmation:)
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
The CNX Realty Index was created in January 2007. The index began with a base level of 1000 and made a quick high of 1878.45 in January 2008 at the peak of the 2003-2008 bull market.
The great crash followed and the CNX Realty Index collapsed to 161 (-90 pct ) by March 2009. This was followed by a strong 6 month long pullback rally where CNX Realty peaked at 630...
In daily time frame it has made an Evening Star Doji with a negative RSI divergence. It faces resistance at 215 and support now comes in at 195-190. View negates above 222.
Evening Star Doji is formed in an UPTREND, 1st candle is bullish one , 2nd candles is a DOJI candle above the body of the previous candle and 3rd candle is a bearish one below the DOJI...
