NCC IS NEUTRALIT IS IN SUPPORT 2 LINE.IF IT BREAKS DAT STRONGLY UPWARD IT HAS A CHANCE TO GO UPTO SUPPORT 1 LINE OTHERWISE IT WILL GO DOWNTREND.NOW IT IS IN NEUTRAL.
NCC
NCC brokeout support zone.Technically NCC brokeout support zone. thing to notice RSI is overbought if price pushes to upside but it will be limited and it may create bear rectrangle or some kind of wwedge pattern then finally price dip down to 64 level.
NCC Bullish view- Short & Mid term viewPls refer chart.. View given based on indicators.. Daily and weekly indicators are in bullish mode..
Vijayaraghavan.K,
Chennai.
nbcc short term play the chart structure suggest something positive in the company on the way , if am able to read it right 80 is not a surprising task for the stock in next 7 sessions ...
I'm not getting into this trade, but I feel that NCC could dropI'm not getting into this trade, but I feel that NCC could drop 4 points shortly
nifty analysis #just candlesby just analysing the structure of market on hourly frame it seems that the downtrend may not resume unless and untill nifty holds 11014 on closing basis !
we can then see further gaps getting filled due to it ! lets just keep a track at levels closely!
Aar ya Paar #MAKEorBreak #nccInteresting Counter:
Close (1 hr) < 95 --> Big Downside (More Likely)
Close (1 hr >100) --> Trigger Short covering (Less lIkely)
Short NCC as per Stochastic Divergence signal!NSE:NCC should continue with bearish phase next week. Bearish Stochastic divergence along with MACD bearish crossover are strong signals to take a short position on Monday. Sell at opening price (may open on higher side) or wait for price of 124-126 for better sale price entry. Target is of 116.5(T1) and 101.5(T2).
LONG:- NCC LimitedWith Good fundamentals, impressive results and robust order book growth of 75%(9-month YoY).
This falling wedge(approx) WITH converging MACD looks like a sound bet to go long in the near term.
NCC gearing up for a big upside move (Buy setup)NCC ltd seems to be gearing up for a big upside move as seen on the monthly 5 year chart.
The chart structure on log scale looks like a "V" shaped Cup n handle pattern and the neckline is around 118-119 levels. After failing to breach resistance level of 118-119 in April 2015 it underwent a correction and found support at 55 level, post which it has been making higher lows as seen on the monthly chart. In October 2017, it breached the neckline resistance and closed at 123.10 level signaling stronger momentum of Bulls.
Higher volatility is expected to be generated in this security in the coming days as the bulls and bears battle it out. Currently, the Bulls are leading.
Trading Strategy :-
Buy setup
Buy @ current level of 122-123
Target price - 150
Stop loss - 110
Reward / Risk - 2:1
Disclosure : The view expressed above is my own analysis on the stock. You are responsible for your own investment / trading decisions.
Bearish trend on NCCTrendline breakout of Bearish side on NCC. MACD and RSI trending on bearish side.
Trade:
Short below - 87.00
Target 1 - 85.00
Target 2 - 82.80
Stop Loss - 89.50
Note - Trendline already broken on downside.
NCC anyone?Hi! I trade NSE stocks using Demand and Supply zone strategy, mostly in Weekly time frame.
Here's a trading plan for NCC
Weekly location: Low (Going up)
Daily trend: Up (Let's go long)
Hourly zones: Demand zone marked on chart
Trade duration (max): 2 week
Note: Target, Entry and SL on chart
NCC scalpingHi! I trade NSE stocks using Demand and Supply zone strategy, mostly in Weekly time frame.
Here's a trading plan for NCC
Weekly location: Low (Going up)
Daily trend: Up (Let's go long)
Hourly zones: Demand zone marked on chart
Trade duration (max): 2 week
Note: Target, Entry and SL on chart
