📈 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
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...
share name : nbcc india ltd
call type : poistional
- share is forming a descending triangle
- a good consolidation can bee seen between 50
- 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
expecting a good upmovement in the stock.
keep sl below 46
Why was it selected❓
🔹Company has reduced debt.
🔹Technically looks good.
🔹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...