NSE: NBCC is closing with a bullish momentum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 18% to 28% gain on deployed...
📊 Script: NBCC
📊 Sector: Miscellaneous
📊 Industry: Miscellaneous
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout of it.
📈 MACD and Double Moving averages are giving crossover.
📈 Right now RSI is around 65.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 138
🟢 Target 🎯🏆 - 149
⚠️ Stoploss ☠️🚫 - 132
⚠️ Important: Always maintain your...
NSE:NBCC
Stock is again inching towards major resistance level of 145. If stock closed above 145 on weekly basis then stock may break the All Time High (ATH) level and move towards 1.618 Fibonacci extension level near 225. Trailing Stop Loss near 120 level.
Timeframe: Short to Medium Term
Technical Analysis:
NBCC stock has been trading within a defined channel pattern for the past few months, with clear resistance around the 132 level and support near 100.
Recent price action suggests a potential breakout above the resistance level at 132, indicating bullish momentum.
Volume analysis supports the breakout, as...
Hello & welcome to this analysis
The stock after seeing a 90% retracement from 2017 to 2020 and see a strong rally, recently going past its previous ATH made in 2017.
It has resistance around 145 with possibility of strong upside above it and support at 100 and below that near 75.
Happy investing
Fib Golden Zone trading strategy is a very Smart trading strategy to buy a stock during retrace entertainment. NBCC price has given rejection on monthly chart from it’s Golden zone area of FIB. This is a perfect Risk Reward to Buy NBCC as this price. Monthly SL should be below 50% of FIB.
@NBCC Big Brakout After long time Consolidation with heavy Volume
Supertrend - Positive
RS-Positive
RSI-above(50)
Fundamental
Revenue- Up & down(on Qtrly Basis)
Marging%- GP margin & Ebitda( 2% to 5% on qtrly basis)-very low in my point of view
D/E- Nil(Feeling good)
Strategy-Buy on dip
Strict Stop Loss- near about 60 and Super Trend(weekly basis)
Disclaimer- i...
Triangle pattern
Accumulate this stock now 47rs to 35rs.
Target - 60, 68, 90.
SL - 30
If you want confirmation entry wait till it breaks 60rs and it will come to 45 to 50rs for retest, then buy with confirmation.
volume is very high from last few weeks which indicates investors are very active in this particular stock.
it was consolidating in a zone and was downside and now it has broken the resistance zone which shows it has high potential for upside.
The chart you provided shows NBCC Ltd.'s stock price currently trading at ₹168.65, which is significantly above the multi-year resistance level of ₹145.35 marked by the orange line. This breakout, accompanied by strong volume, indicates a potential continuation of the uptrend.
Key Points:
Breakout confirmed: NBCC successfully broke above the multi-year...
NBCC
my study points
1) M ,W , DAILY break-out
2) break-out with high volume spike
4) chart pattern rounding bottom
5) fundamentally strong stock
6) Company has reduced debt.
7) Company is almost debt free.
8) Company has been maintaining a healthy dividend payout of 44.4%
holdings :-)))
a) Promoters 62%
b)FIIs &...
#NBCC trading above Resistance of 145
Next Resistance is at 227
Support is at 95
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
