Today NBCC achieve our target of Rs 50. Now next hurdle @55. Book Profit at the current level for short-term view. As Of now, 1. Book Partial profit as it may rally further but the risk-profit ratio is not favourable till it crosses 55 then we can see the final target @ 65. 2. If it can not hold the current level 50 then it may fall to below 44. From the nifty...
long for target of 53 in CNC
Enter above 53 SL at 48 Target 64/70/80 OR Enter at CMP (might face resistance at 52-53 level) SL at 42 Target 64/70/80
bullish bat pattern looks good in weekly chart , for long term target is 131
Breakout with volume from one year price range bound between 36-45. Finally give breakout and sustain. Good to buy at CMP .
Last week it bounces back and holds 40 level. Now waiting for the 50 rs target in this week.
NBCC EQUITY levels ...06/05/2021 (D candle)
NBCC still holding 40 level after a week performance. My view still positive and recommend buying at the dip in SIP strategy (view for 3 months to 6 months).
BSE:NBCC has been in correction phase past couple of weeks and seems Rs34.50 can be a good level for reversal of winds for NBCC India, This is Breakout Ready(as it reaches Rs34-35!) If not sustained the level of Rs34, the line of invalidation at the end of channel drawn in the chart will be the final level of fall for this to become Rocket in upcoming sessions...
IF NBCC breaks 40 levels that shown in the weekly chart then downfall will go to 30 but on the upper side if able to hold the current level it pushes back to 52 and may go further till 66.
Disclaimer:- This is not any buy or sell recommendation. This is just my view on this counter. Kindly consult with your financial or investment advisor before investing. There is a Breakout generated in NBCC. And stock is already corrected. levels as below :- Support Zone:- 40-45.80 Major support :- 30 First Resistance :- 64 Second Resistance :- 79.50 Third...
Breakout and Retest. Rounding Bottom formation. Rising volumes at buy levels.
Looking to break trendline with high volume. Take position at your own risk.
Ref chart . As per indicators view it may reach the targets. Stoploss: take a given trend line as per your choice. Vijayaraghavan, Kovilpatti.
H&S pattern fomration in NBCC. H&S support was on 23-24 levels. Neckline of H&S is around 26-27, which is acting as a strong support. A fall below this level rejected immediately as can be verified by a DOJI formation. Major resistance is near 32 rs, which would be our target. Go long with Tgt-32
can buy now and add till 28.50 for confirmation of pullback and continuation buy above 30 which is safe. Stoploss and levels on chart.
CMP-26.05 200Days EMA-28.2 after consolidating for around 2 weeks around 23-24 levels finally, it had shown breakout. volume is also good for last two days, MACD turned bullish on daily chart, RSI level(65.6) is also bullish. on the upside, the first major resistance stands at the level of 28.2 which is its 200days EMA(28.2) and also the Fibonacci level(50%...