Retraced Median of 0.618 & 0.786. Hit Upper band of "21 bar" parallel channel. Probable Flag Breakout. FLAG Length: In Value term:: Target @ 85.25, In % Term: Target @ 87.00. Point to Notice: Decline ENDS in 21 Bar. "No. - 21" is a Fibonacci No. ...... Tgts as Fib Levels mentioned on Chart. For "T+2 Tgts", "T+7 Tgts" & others on query. Education purpose only.
NBCC has lost 6% on NSE Today with Close to 3 times its average volumes qualifying a sell around 212.45 with Stop loss of 216 and Target of 200. Consider Stop-loss on closing Basis and intraday volatility ignored. Hence exit stock only if NBCC closes above 216 (as SL) or at 200 (as Target). Next Possible Target for NBCC if it closes below 200 is 194