Company is engaged in the activities of Infrastructure sector . Company with low debt and decreasing promoter pledge. Stock is near 52 week high with significant volumes. Stock is testing multiple resistance level.
NCC is on an uptrend for the past couple of months (from Nov-22).
Currently crossed 3 years High and looking positive.
Also above all the average in terms of daily, weekly and monthly time frames.
Add to watchlist.
NCC gave a breakout from Multi- year trendline resistance.
RSI positively intersected the signal line and is now in just overbought condition. Please be guided by the pictorial representation.
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Chart -> NCC Daily
NCC is under a huge rounding bottom, and we will target completion of it after today's Ascending Triangle breakout.
It will take time and patience, but as mentioned slow and steady wins the race!
CMP: 78
Target: 98
Good to add: Around 73
SL: 71 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or...
NSE:NCC
Sector: Construction & Contracting - Civil
Descending channel pattern breakout
Buy with sl - 55
Target - 70, 76, 81
DISCLAIMER :
This idea is for educational purpose, buy/sell as per your risk management.
I always recommend to book 50% of the quantity at target 1 and keep trailling stoploss for remaining targets.
Maintain strict stoploss to...
As the realty sector is picking up the momentum , NCC can be a high return scrip over short period of time. Invest and sit before you miss the breakout rally.
This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our...
NCC LONG
ENTRY CAN BE MADE AROUND 88 TO 94 RANGE
STOP LOSS IF IT CLOSES BELOW 83
TARGET 110 AND ABOVE . Can reach 130 with good consolidation after breakout
#58(GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. I have also linked my views on stocks which on the verge of breakout BELOW.
Leave a comment that is helpful or encouraging....
After a strong break out rally, NCC has corrected for 3 months and taking strong support at Fibonacci retracement level of 61.8%.
The stock is overall bullish, waiting for a channel breakout. It is good for longterm investment portfolio as well.
Currently, we can take a swing trade in NCC:
Entry at hourly closing above 77
TGT 1 = 91 (17%)
TGT 2 = 100 (29%)
TGT 3...
NCC(D): CMP LOOKS GOOD FOR MORE UPSIDE. 1) CUP WITH HANDLE BREAKOUT 2) RSI, MACD, & ADX ARE VERY BULLISH 3) TRADING ABOVE ALL SMA'S 4) TRADING AT HIGH VOLUME 5) ECONOMIC GROWTH WILL RESULT IN INDUSTRY EXPANSION.
