NCLIND- VCP in 45 min Bars > 40 FInal 1) 2T- VCP formation Monthly / Weekly 2) Near Resistance 3) May Breakout soon
NSE:NCLIND cmp 247 The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
📊 DETAILS Sector: Cement Mkt Cap: 1,002 cr NCL Industries Ltd is principally engaged in the business of manufacturing and selling of Cement, Ready Mix Concrete, Cement Bonded Particle Boards, Doors, and operates two Small Hydro Power projects. TTM PE : 13.46 (Average PE) Sector PE : 49.58 Beta : 0.27 📚 INSIGHTS Strong Performer Stock with...
NCL industries is looking good on charts. Making Cup and handle on Weekly charts and even made double bottom pattern as it hit 200 W Moving Average. Monthly chart we can see made big Rounding bottom and is ready for upswing. We can say it's an early call as 240-45 looks important resistance zone for now. Once move above it we can see big Break out with the...
Long above 224 with a stoploss below 204 (keeping it deep coz there is value here beyond the breakout) Shorter term SL would be below 215. Would look to double the allocation above 242 levels.
Pattern : Symmetrical Triangle , Cup and Handle in Making. Symbol : NCL INDUSTRIES. Description : Breakout after a year long consolidation. Pattern targets higher. Short term upside 25%. Disclosure . Consult your financial advisor, do further research and manage risk.
NCLIND Weekly chart has trendline breakout, 200 ema support , Good to buy at 223.35 for target of 305 with sl below 193.60 *********************** This is purely for training and educational purposes. We shall not be responsible for your profit or loss. The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their...
Investment signal for short term Best Entry would be between 200-210 Target : 300
Price Action study of NCL Industry *Correction (In video kindly avoid Name NLC industry it is NCL industry) Time range - Mar'19 to Aug'23 Study - Range Bound breakout with good Volumes. Observed some volume spikes in past candles, and breaking that past candle high with good volume indicates positive move in any technical chart. This chart and video is only for...
Stock has given strong BO on daily and weekly chart with good volume burst, follow chart for proper support and resistance levels.
Breakout in NCL IND , place the stoploss at 207 , target can be 300 in coming days
1. Nifty is at ATH 2. Chart is in line with index, but yet to make new ATH 3. Risk to reward is great 4.1:20+ RR trade set up if able to ride the full trend with partials if not full
Target 210 SL 185 Stock retested after a breakout, plus there is a increase in volumes, can give a good move! Disclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
WEEKLY W pattern resistance at 195 to 200 levels...daily resistance seems to be at 190 levels if its able to take that out slowly and steadily it can break break the resitance in w pattern
- Formed a INHS at the retest zone - BO with volume - Trading above All EMAs
- After facing rejection at the ATH, the stock took support at Fibo 50% - Formed Double bottom - ascending triangle - H & S Pattern - Big volume bars showing Good demand - Not falling in this weak market as well - inverted hammer which can be formed to check the selling pressure. Disc : Keep the stock in your watchlist.
Exercise caution as broader market is bearish. Please check out the INTRADAY Trading Strategy in the COMMENTS section below during the live market hours: --------------------------------------------------------------------------------------------------------------------- 1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens...