Education purpose only - NCCStock is reversing from the major support..
It should cross a major hurdle i.e. 315
to travel to the next target of 326...
keep watching to justify the hypothesis..
NCC trade ideas
Strong Buy NCC LTD - Double Screen ConfirmationHere’s my analysis on NCC LTD : RSI and Stochastic indicators are signaling a strong buy, with a clear Inverted Head & Shoulder breakout. The chart highlights the target areas. Please remember, this is shared solely for educational purposes in technical analysis. Thanks for checking it out, and follow me for more insights!
This is not a trade signal or call. I’m sharing my technical analysis purely for educational purposes, aiming to improve my own skills and to provide insights into technical analysis for anyone interested. Use this information responsibly and make trading decisions at your own discretion
Day Timeframe : MACD - RSI - Stoch = Strong buy
Daily - RSI & Stoch = Strong Buy
Candle - Bullish Candle
Volume - Above Average
EMA - Positive Crossover
Chart Pattern - Inverted head & shoulder
FIB Retracement - N/a
Divergence - N/A
Stock Turning Bullish: NCCIntro: Nagarjuna Construction Company Ltd. (NCC)
NCC is engaged in the infrastructure sector, primarily in the construction of industrial and commercial buildings, roads, bridges and flyovers, water supply and environment projects, housing, power transmission lines, irrigation and hydrothermal power projects, real estate development, etc.
Fundamental Analysis:
Market Cap: ₹ 19,363 Cr.; Stock P/E: 25.2 (Ind. P/E: 33.3)
Book Value: ₹ 106; Dividend Yield: 0.71 %
ROCE: 22.1 %; ROE: 11.4 %
Compounded Sales Growth: 38%(3 years); Compounded Profit Growth: 41%(3 years)
Technical Analysis:
NCC has become bullish by taking the support to around 275 levels.
However, 20 EMA(black line) trailed below 50 EMA (orange line).
The 308 level must be held decisively in weekly closings to continue the bullish trend.
In addition, it has to break the resistance level of 318.
Support levels: 308, 292, 275, 252
Resistance levels: 318, 330, 362
Pros:
NCC is expected to give a good quarter
NCC has been maintaining a healthy dividend payout of 22.5%
Debtor days have improved from 70.8 to 54.6 days.
The company's working capital requirements have reduced from 87.9 days to 61.3 days
NCCNCC looks attractive, Please consider and do analysis, risk at your own.
1. Now at the edge of channel breakout point
2. With SL 300, this looks very demanding risk reward
3. During this weaker market, momentum looks good too
NCC 4H Levels (S/R)# we mark Support and Resistance on the charts so you can check.
Support level: The breakout level of around 297.85 is now a support level.
Resistance level: The next resistance level to watch is around 463.80.
Support and resistance levels are price chart levels that limit the market's range of movement. The support level is where the price stops falling and bounces back up, while the resistance level is where the price stops rising and dips back down
#NCCEntry- 330 to 333Target- 360SL- 322I aspect 9% to 10% return#NCCEntry- 330 to 333Target- 360SL- 322I aspect 9% to 10% return
NCC seems ready for new rideNCC coming out from consolidation. Volume accumulation, range breakout also there.
Volume Surge in NCC: What it Signals for Future Growth?(1) The price had previously formed an ascending triangle pattern and broke out of the pattern with a large volume.
(2) After that, the price continued to move upwards by creating higher highs and lows.
(3) Now, the price is trading close to its all-time high with a decent volume and is expected to move even higher
NCC looking good for Short term investment; 20% ReturnFundamentally good stock,
Good For short term investment in cash market'.
Leave a " Like If you agree ".👍
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Entry: 335/ 321
target: 342- 355- 393 - 400
sl: 321
major stoploss / support: 311
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Enter only after breaking & close above " Yellow box " mentioned.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
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Refer old ideas attached below
Follow for regular updates👍
NCC LTDNCC LTD
#NCC
CMP : ₹.332.3/-
Nagarjuna Construction Company Ltd is one of the distinguished construction and infrastructure based company in India with a market cap of approximately 20K Cr. Company had a strong revenue growth of 34% in the last FY. For the last 1 year stock gives a consistent returns with a value surging of 160% and above. Now it is tending to break it's 1 year and 6 months resistance trend line. 20% movement can be expected. Support @₹.290 levels.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly
NCC GOOD FOR SWING TRADEStock Analysis: NCC LTD
Date: June 26, 2024
Observation:
NCC LTD is showing strong resistance around the 336 INR level, as indicated by the black horizontal trendline.
The stock has been consolidating just below this resistance level.
A breakout above this level could indicate a bullish continuation.
Technical Indicators:
Price Action: The stock closed at 329.10 INR, showing a positive movement of +1.61% for the day.
Volume: Increasing volume indicates growing buying interest as the price approaches resistance.
Moving Average: The blue line represents the 50-day moving average, providing support and confirming the upward trend.
Potential Scenarios:
Bullish Breakout: If the stock breaks above the resistance level with strong volume, it could indicate a bullish trend continuation.
Rejection at Resistance: If the stock fails to break through the resistance, it may pull back to support levels around 290 INR.
Trading Plan:
Entry: Consider entering a long position above 336 INR with confirmation of increased volume.
Stop-Loss: Set a stop-loss below the recent low at 315 INR to manage risk.
Target: Initial target can be set at 350 INR, with further upside potential if the breakout is strong.
Hashtags:
#StockMarket #TradingView #TechnicalAnalysis #NCC #SwingTrading #BreakoutTrading
Disclaimer:
This analysis is for informational purposes only and should not be considered as investment advice. Trading in financial markets involves risk, and you should consult with a qualified financial advisor before making any investment decisions. Past performance is not indicative of future results. Always conduct your own research and due diligence before making any trades.
NCC GOOD FOR SWING TRADEStock Analysis: NCC LTD
Date: June 26, 2024
Observation:
NCC LTD is showing strong resistance around the 336 INR level, as indicated by the black horizontal trendline.
The stock has been consolidating just below this resistance level.
A breakout above this level could indicate a bullish continuation.
Technical Indicators:
Price Action: The stock closed at 329.10 INR, showing a positive movement of +1.61% for the day.
Volume: Increasing volume indicates growing buying interest as the price approaches resistance.
Moving Average: The blue line represents the 50-day moving average, providing support and confirming the upward trend.
Potential Scenarios:
Bullish Breakout: If the stock breaks above the resistance level with strong volume, it could indicate a bullish trend continuation.
Rejection at Resistance: If the stock fails to break through the resistance, it may pull back to support levels around 290 INR.
Trading Plan:
Entry: Consider entering a long position above 336 INR with confirmation of increased volume.
Stop-Loss: Set a stop-loss below the recent low at 315 INR to manage risk.
Target: Initial target can be set at 350 INR, with further upside potential if the breakout is strong.
Hashtags:
#StockMarket #TradingView #TechnicalAnalysis #NCC #SwingTrading #BreakoutTrading
Disclaimer:
This analysis is for informational purposes only and should not be considered as investment advice. Trading in financial markets involves risk, and you should consult with a qualified financial advisor before making any investment decisions. Past performance is not indicative of future results. Always conduct your own research and due diligence before making any trades.
NCC Long (Breakout)Date : 31-05-2024
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BO RESEARCH TO OBSERVE
NCC Looks Good ABOVE 303.3
SL 251
Target 329, 368
Hold few weeks
Please consult your financial advisor before investing
All research for educational purposes only.
NCC - SHORT TERM VIEWNCC Looking very good, short term opportunity is upside potential 25-40% possible
Basing continuation Pattern breakoutgood vol build in the breakout candle.
retesting on all time high breakout, if breaks the current candle low then setup fails and if high gets broken then can give good move.
NOTE: I do my analysis, do yours before trade.
BREAKOUT IN NCCbreakout in ncc stock got 3time rejection on resistance finally break the resistance
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
pls like and share
NCC- Swing Trade Analysis - 7th April #stocksNCC (1D TF) - Swing Trade Analysis given on 7th April, 2024
Pattern: ASCENDING TRIANGLE BREAKOUT
- Resistance Breakout - Done ✓
- Volume buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - In Progress
* Disclaimer
NCC CHART BREAKOUT STUDY Sub: NCC Chart analysis
Breakout at 236 after 16 years
Positive RS and RSI
Stock is in momentam
Ready for upswing.
disclaimer: only education purpose.
NCC ATH BREAKOUTCode ncc
ATH 237
CMP 256
52WH 267
% Diff ATH -8%
Diff 8%
% Diff 52WH 4%
EPS 11
PE 24
Consolidation Year 16.2
cons. Date 1-Jan-2008
Roce / Roe*1.5 18.7
PROFIT X (TTM Net Profit / Start Consolidation Net Profit) 12.6
"ATH PROFIT
(RANK OUT OF 8)" 8
"ATH SALES
(RANK OUT OF 6)" 6
"ATH QUARTER PROFIT ?
(RANK OUT OF 2)" 2
"PE(M) 1 year or PBR
(RANK OUT OF 2)" 1
"ATH Price
(RANK OUT OF 10)" 9
"pe<eps
(RANK OUT OF 4)" 2
"ROCE,ROE
(RANK OUT OF 2)" 1
"Consolidation
(RANK OUT OF 6)" 6
"ATH Profit X
(RANK OUT OF 4)" 4
"Total
(RANK OUT OF 44)" 39
On Neck Breakout on the charts of NCCBullish On-Neck Pattern is visible on the weekly chart of NSE:NCC
The stock is making higher high which indicated a breakout on the upper side.
MACD is in positive zone on daily, weekly and monthly time frame.
Entry and Exit levels are mentioned on the chart.
Disclaimer: This is for educational purpose only.
NCC#NCC Stock has given mutilyear breakout.
Stock was in a range for 15 years..
Good to buy on dips..
can see all time highs from here..
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no buy or sell recommendation
