With the promoter buying non-stop from the market during this correction..The stock could have something cooking. The stock looks to have bottomed out and could make for a good buy around 172/175. The stock could soon get their wish of getting Andhra Cement from NCLT where they are trying to get the co for cheap. Trade. Long around 172/175. Stoploss around 160.
NCL industries Cup & Handle breakout pattern on weekly chart CMP 182 Target 320+ SL 150 Timeline : 3 to 6 months
After a long consolidation of Ncl ind. I expect the stock to move towards 230,270&300 levels.
This looks like a good breakout. We can initiate a long trade and we can assume that the target will be the previous resistance. After that we can exit or keep traling stop loss. All the levels are given.
Falling wedge pattern breakout in the daily time frame. Good chance to hold for swing trade
long ncl ind as its hit the channel bottom and its showing signs of reversal 1st target is channel top 260-270
we have hit the lower end of the symmetrical triangle sl at 214 and target at 245 risk - reward is good
Had a 30% pullback after reaching new high, cup and handle, now at support band and have confirmation. I think it’s going to have a good rally of 130-200pts with some minor corrections along the way Buy at CMP (anywhere below 260) and hold for long term Targets 300 (latest by November) 400 (latest by January) 500 (~ March)
NCLIND | Channel breakout and retest - Potential for 20% CMP : 250 SL : 236 Target : 300 1:3+ risk reward setup
Triangle breakout pattern in Ncl Industries Limited......
There can be a good upside. Crossed 50EMA with very good volume spurt and moving swiftly.
Accumulation at CMP & dips. Targets are 218 Post Bonus. NCL Industries says 👍Hiked cement prices by Rs.50/bag 🎯 In FY22 cement volumes will surpass 2.5mt with EBITDA/tn of 600 to 800/tn 🤩Boards will do 150cr vs 120cr in FY22 👉Seriously looking at Andhra Cement; will know the bidding result in 2 weeks time & Boards have declared a 1:1 Bonus. Good Portfolio...
breakout after consolidation, target upper end of channel. sound fundamentals. for education purpose only.
for educational purpose only it's not a recommendation. please trade at your own risk.
trend reversal making cup and handle on monthly chart grossly undervalued fundamentally order book worth 1860 cr with market cap of just 1k cr
*for educational purpose only. it's not a call .please trade at your own risk.
NCL INDUSTRIES - WEEKLY CHART rounding bottom bullish above 305 - 310