NBCC - Double bottom breakout with huge volumeNSE:NBCC
NBCC - Double bottom breakout with huge volume
RR: 1:3
NBCC trade ideas
NBCC ( Charts looking strong for positional Trade !Hello Traders
{ Positional Trade }
NBCC looking good on charts !
Trading above both 9 & 50 MA !
expecting strong move from these levels.
.
DISCLAIMER
{ Educational Purpose }
All investments involve risk.
Please Do your analysis before initiating any trade
GOOD LUCK !
NBCC:- TRADE PLAN 06 JUL ONWARDSCUP WITH HANDLE continuation Pattern with decreasing volume .
Possible breakout to the upside can be witnessed in the coming days.
Buy above the Resistance zone.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind,Jai Bharat
NBCCWhile the momentum is upwards, risk-reward probably isn't that great. Should probably wait for a better entry near the bottom line slanting upwards or positional long term buy above 26 levels.
RSI divergence is also visible.
Buy NBCCNBCC has made a gap up from a support level indicating presence of buyers.
Target @median line
Stop loss @13
Short NBCC below 28.5 NBCC looks very weak and has already broken important support trendlines,short the stock when breaks 28.5 and stoploss at 29.5
Sell NBCC (India) | Expected Profit 9-10% | Arijit BanerjeeGoodluck Capital Recommendation:
Sell Range - 38.6-37.6,
Target - 34.8-34.5,
Stoploss - 40,
Maintain recommended stoploss by daily closing basis.
Once 1st Target hit, reset stoploss at 36.
NBCC Entry setup for Short Term Long positonPrice has able to breakout down trend line and shifted the value area in upward channel. At present price is printing at lower value area of the channel. May suitable for long entry for Swing/ short term
looking good! keep an eye for 40 n then 50Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
