NBCC trade ideas
Alpha Bullish StockFor short term traders: Keep an alert or GTT and wait for it to respect the support for zone, If you want much safer position.
For long term investors: This is a right time to enter the position but with 50% of quantity, if there is another dip.
Position Sizing and Stop-loss: ₹12.5/share.
Example:
If you have 400 Qty, Be prepared to loss ₹5000.
If you are having the position, if there is a black swan event be ready to loss ₹10000.
If you have the same risk with 4 other positions, if all trades go bad the next day due to a big event. You shouldn't worry about the money you lost.
Losing is a part of the trade, losing is a part of life. But any kind of loss shouldn't make you hate the game.
Money you should never use:
1. Bank Loan
2. Parents Insurance
3. Parents Life Saving
4. Your Savings
5. Don't use your 100% salary of present month
6. Borrowing money from friends
Strict checklist:
1. Will you have a good night sleep if stop loss is hit
2. Did you have good sleep and good breakfast(Body needs nutrition when you are in stress)
3. Don't trade when you are upset(If you had a fight with your spouse, if you didn't over come someone's death or someone is hospitalised). Don't trade
4. Did you analyse the trade?(If you have copied the trade you should at least do your part, instead of just losing money, do your own home work). You have to know good and bad news before the market opens.
5. Always make sure you sip water and eat fruits in between, which carry oxygen to your brain(less stress and make your brain functions well)
6. Take a break every 2 hours don't see the screen.
7. Don't panic when you see the losses, don't touch the screen or mouse. (Walk away, see from the 3rd person view)
Common Mistakes:
1. Improper position Sizing
2. Not following strict stop-loss
3. Cutting down profit instead of waiting for the target.
4. Seeing Support and resistance lines instead of Regions.
5. Not seeing the the trends and volumes being traded.
6. Not able to understand multi-time frame and taking position by short term trend
7. Not caring about broad market.
Buzzing Stocks #1 - NBCCPotential mover in future too. For watchlist only :) Trade when RR is better
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🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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NBCC: VCP Breakout
NBCC broke out from the consolidation phase.
Already mentioned it in the chart below.
Levels mentioned in the chart below.
Note: Not a SEBI Registered analyst.
Take the trades at your own discretion.
Swing trade in NBCCOn weekly chart , NBCC showing a great momentum. Also, volume support is there. All targets are mentioned in the chart. SL based on your risk (2%).
Disclaimer:- This is just for learning purpose author is not liable for any loss.
NBCC NBCC (Daily):_54.7 LOOKS GOOD FOR MORE UPSIDE :)
1) Daily Breakout :)
2) Volume Breakout + Textbook pattern
NBCC (PSU ) GOVERMENT CONSTARCTION COMPANY NBCC (PSU ) GOVERMENT CONSTARCTION COMPANY
weekly chart
forming cup and handle
bullish rsi @ 70
bullish macd
bullish stochastic
buy cmp @ 54
sl @ 40
target @ 102
buy and sit relax .
Bullish flag + Breakout 😃Bullish flag and 52 week Breakout with good volume ..targets mentioned in the chart 🚀🚀🚀
NBCC (INDIA) LTDNBCC (INDIA) LTD
Technically, it's strong Bullish, fundamentally also good stock to buy.
But P/E 39.70, (Below 24 is the best price to buy ), So it's expensive as per the P/E ratio.
Cup n handle pattern formation in NBCCCup and handle pattern in NBCC
Go long with target of Rs 90 with SL @ 46
