NBCC
NBCC forming Cup and Handle on weekly chart 31/07/23.NBCC is forming a Cup and handle pattern on the weekly charts and has closed above both the moving average.
It has closed near the resistance zone and on the daily charts, has taken support form the 200 ema and closed above both the moving averages.
61.8% fibonacci levels also coincide with the resistance area and if the zone is cleared there are chances of stock giving 15-25% return in 3-4 months span.
Daily charts is showing some rejection from the resistance zone as there are couple of long wick rejection from the levels.
If stock starts trading above the resistance zone or 43.80 levels, bullish positions can be created in the stock option and stock can also be bought for short term to long term investors.
Entry levels :- Above 43.8
Target :- 49.5, 53.5
Stop loss :- 42.3
The stock is trading around good buying levels and can be purchased for long term view also.
Wait for the price action near the levels before entering the trade.
NBCC : A NAVARATNA CPSE Sector#NBCC (India) Ltd
Positive sentiments in media after it bagged multiple new orders worth ₹541cr
Now at 37.60
For swing trading Taken position @ 36.30
SL Just Below the 50 EMA
R:R favourable
#stocks #StocksToBuy #StockMarket #investing #investment #SwingTrading
Disclaimer - All information on this page is for
educationaland learning purpose only.
Not SEBI registered financial advisor.
NBCCNBCC:- formed cup and handle pattern. soon breakout in weekly chart. keep on eye.. its crucial level.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
NBCC -- INTRADAY SETUP -- 25/07/2022NBCC -- HOURLY CHART ==INTRADAY SETUP - 25/07/2022
1. Stock Seen trend reversal at 28 level and form upper channel above 32 level
2. from 35 levl some profit booking seen and retrace to 32 sub level at last session close at 32.70 exactly around trend line support of hourly chart
3. doji trend reversal candle seen at last hourly candle after consecutive red candle which is sign of upmove from this level
4. intraday buy can initiated above 32.85 level for target 33.25 - 33.50 -33.75 stop at bellow 32.25
5. IF trendline breakdown bellow 32.25 will be bearish and can fall towards bellow 32 level on intraday so short position can initiated bellow 32.25 level
6. support resistance level mention on chart at intraday basis
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk !!
#NBCC #StockMarketNBCC
On daily chart give falling wedge BO
and now trading at weekly resistance level
Buy above 33 for short term targets of 34.5 to 36
Partial booking at 34.5 levels; but if sustain above 36 then add further for 5-8%
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Use a strict trailing stop loss.
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NBCC Chart Analysis !!📈 NBCC Ltd. 📉
My Findings :-
1. Breakout from a Resistance Zone With was Support As well in Nov, Dec and Jan.
2. Close Above March 2022 High.
Bias - Long
Target - 44, 47 and 53
SL - 36
RR- 1:2
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
nbcc india ltdshare name : nbcc india ltd
call type : poistional
- share is forming a descending triangle
- a good consolidation can bee seen between 50
and 40
- 50.50 is acting as a good resistance, if 50.50 is
taken out we can see the targets of 60 and 69
- we can accumulate this share above 50.50
with sl of 46
thanks
NBCCC buy for mid term HEY TRADERS,
THIS PREDICTION IS BASED ON A HARMONIC PATTERN AND THE HARMONIC PATTERN IS 100% ACCURATE AND10000% RISKY BECAUSE IT IS AGAINST THE TREND METHOD...
HOPE YOU ALL FIND SOME VALUE Here...
THANK YOU...
~Disclaimer: "I Am Not Sebi Registered Advisor" All views and charts shared in this terminal are purely for knowledge and information purposes only...
REVERSAL TRADE NBCC✔#nbcc
cmp 48.7
expecting a good upmovement in the stock.
keep sl below 46
Why was it selected❓
🔹Company has reduced debt.
🔹Technically looks good.
🔹expecting reversal.
🔹dont know about funda.
👉Entry possible,but it’s not a buy recommendation.Study well🙏
ABOUT THE COMPANY🍂
NBCC (India) is a operates into three major segments namely Project Management Consultancy, Real Estate and Engineering Procurement & Construction.
Thank You.💚
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