NCC Analysis & PredictionThis is the analysis of NCC in the Weekly Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About NCC :
NCC Ltd. engages in the provision of construction and engineering services. It operates through India and Outside India segments. The firm focuses on buildings and housing, water and environment, irrigation, electrical, roads, metals, power, railways, and mining. The company was founded by Alluri Venkata Satyanarayana Raju in 1978 and is headquartered in Hyderabad, India.
Nccbullish
NCC Ltd : Swing Trade / Short term (1-3 months)#ncc #parallelchannelbreakout #breakout #momentumtrade #swingtrade
NCC : Swing Trade / Short term (1-3 months)
>> Breakout Candidate
>> Good VCP Pattern Visible inside Channel
>> Parallel Channel Breakout & Retest Done
>> Good Trending Setup
>> Good Strength in stock & Volumes Picking up
>> Low Risk, High Reward Trade
Swing Traders can lock 10% profit & keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Breakout in NCCDisclaimer :- This is not any buy or sell recommendation. This is just my view on this counter. Thank You !
There is a breakout generated in NCC on daily chart.
Levels as below :-
1st Target :- 117.00
2nd Target :- 125.00
3rd Target :- 135.00
Stop Loss :- 83.30 on closing basis.
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NCC Channel NCC Long Possibility
Risk Takers: Long right now @CMP: 60.6, Target 1: 61.85, Target 2: 65.4, Stop Loss: Keep stop loss as per later price action, eg: if volume is decreasing better to not exit the trade even if it follows the down side, look at MACD for further signals, etc.
Risk Averse: Long @61.9, Target: 65.4, Stop Loss: 60.6