NBCCBuy-44-45 Range
SL-Below 39 Closing Basis
Target- 51-55
PSU are flavour for few weeks.
GOOD RISK REWARD BET..
NBCC trade ideas
NBCC : Pennant Breakout ...as we can clearly see after the channel breakout the consolidation period is continue and there is a pennant pattern making which is again ready for the breakout ..for the confirmation the MACD indicator also shows the BUY signal in the chart.
if it breakouts we can go for the long... we can also wait for for the retest.
NBCC can Hold level 40!!NBCC still holding 40 level after a week performance. My view still positive and recommend buying at the dip in SIP strategy (view for 3 months to 6 months).
NBCC- Keep adding. Hold. Last time NBCC gave a solid jump to touch ATH . It is expected to do the same again. Do a study of this GOVT owned company before investing in large quantities. Hold for medium term position. Accumulation and movement has started. 60 looks achievable.
NBCC collecting Rockets! Will Blast off to Rs60 or more?BSE:NBCC has been in correction phase past couple of weeks and seems Rs34.50 can be a good level for reversal of winds for NBCC India, This is Breakout Ready(as it reaches Rs34-35!)
If not sustained the level of Rs34, the line of invalidation at the end of channel drawn in the chart will be the final level of fall for this to become Rocket in upcoming sessions after that.
Will NBCC Reverse Back to 52 Level Again?IF NBCC breaks 40 levels that shown in the weekly chart then downfall will go to 30 but on the upper side if able to hold the current level it pushes back to 52 and may go further till 66.
NBCC may do narrow range break outNBCC may do narrow range break out.
Pullback after rally with contracted volumes.
Nbcc Nbcc stock - buy after 47.30
1trg - 49.50
2trg - 54.30
SL -44.90
Or 44.50
Hold and go long for this ... May give you good return.
*Stoploss is must
NBCC CMP 45.05 DATED 22.03.2021NBCC CMP 45.05 DATED 22.03.2021
Strong Support @ 40
Buy for the tgt of 54-61-66
stop loss @ 40.
This is just a view, pls trade at your own risk..
Breakout generated in NBCCDisclaimer:- This is not any buy or sell recommendation. This is just my view on this counter. Kindly consult with your financial or investment advisor before investing.
There is a Breakout generated in NBCC. And stock is already corrected. levels as below :-
Support Zone:- 40-45.80
Major support :- 30
First Resistance :- 64
Second Resistance :- 79.50
Third Resistance :- 91.00
Breakout with good volume. Stop loss 39
1st traget 66
2nd target 90
Breakout in chart with good volume. Debt free company. Promoter share has decreased from Dec 2019.
Bullish flag pattern can be observed. Dravous thepry also applicable. Seems like mutual funds has accumulated stocks at lower level. In volatile market trade with caution.
This information is only for educational purpose.
NBCCNBCC
Dips to 34 can be bought
39 resistance, Goo move can come once it starts to stay above it
SL 29 ON CLBS
NBCC is interesting Must have with SL in your portfolioNBCC earlier broked the descending channel trendline in 1st week of June 2020.
A new new has emerged there after in Ascending channel and stock is moving like a discipline child in queue.
Now it has formed cup with handle pattern and looks like it has given a breakout too.
SL :- below the Trendline on closing basis. 1st resistance shown in chart. I am might be wrong here, it could actually be 43-44 as well.
RSI 57 and shifting upwards. Volume and delivery buildup is nice.........so all in all, A good time to enter and wait patiently ( either for a blast or a disciplined rise )
NBCC - GO FOR ITNBCC is completing Inverse Head & Shoulder Pattern, Debt Free govt Company with 500 Crore Cash Surplus, Govt Companies are in flavour, Go for Target of 45, in 1 year
