to all viewer its a long term call. be patience
best price to buy 52.10
current market price 55.85, aggressive trader can buy at current level.
stop loss 46.40
1st target 66.90
2nd target 79.80
3rd target 90.70
4th target 102.60
5th target 108.85
6th target 122.05
Disclaimer: All posts/views are for educational purpose only..!!
Kindly contact financial...
Breakout happened with high volume, But it keeps on failing for the last 2 days. One can confirm after the next candle. I am shorting this trade after two days.
Detailed suggestions and perspectives are welcome
NBCC broke out of a 1+ year parallel channel, this could be very bullish. But while breaking out of the channel, it also formed a rising wedge(Bearish). So, nbcc could be bearish short term, but bullish long term.
1) Completion of elliot wave
2) Strong Volume near last wave
3) Break of trendline
4) Company performance has been strong with good order inflow -- co got derated due to lag in revenue booking and increase in cost of capital
Yesterday I was trapped in NBCC and suffered small loss..see >>>
So the stock was already on my radar. Today, my buy setup was to wait for closing above 255 (my psychological key level yesterday) on 5 min. chart and enter above this closing candle. After few hiccups in the morning,...
A mega project was awarded to State-owned construction firm NBCC Ltd worth Rs 3,200 crore project from the union finance ministry to develop a residential-cum-office complex in Mumbai.The prices had been showing some promise for the past few days but were curbed by the median line. However the strong breakout above the median line does spell well for the...