NBCCNBCC
Dips to 34 can be bought
39 resistance, Goo move can come once it starts to stay above it
SL 29 ON CLBS
NBCC (INDIA) LIMITED
No trades
What traders are saying
NBCC is interesting Must have with SL in your portfolioNBCC earlier broked the descending channel trendline in 1st week of June 2020.
A new new has emerged there after in Ascending channel and stock is moving like a discipline child in queue.
Now it has formed cup with handle pattern and looks like it has given a breakout too.
SL :- below the Trendline on closing basis. 1st resistance shown in chart. I am might be wrong here, it could actually be 43-44 as well.
RSI 57 and shifting upwards. Volume and delivery buildup is nice.........so all in all, A good time to enter and wait patiently ( either for a blast or a disciplined rise )
NBCC - GO FOR ITNBCC is completing Inverse Head & Shoulder Pattern, Debt Free govt Company with 500 Crore Cash Surplus, Govt Companies are in flavour, Go for Target of 45, in 1 year
Watchout for Resistance breakoutThe stock looks good positionally for short term targets of 45.85 and 51. Take position above 39.75
#NBCC#PATTERNBREAK#LOOKBULLISH#WeeklyChart#ItstimetoNBCC
Buy call @ 30
Stoploss 27
1st Target 40
2nd Target 45
R:R=1:3 (for 1st Target)
R:R=1:5 (for 2nd Target)
**Note: TRADE ON YOUR OWN RISK
If like share and follow
Can be accumulate at 32.85 Looking to break trendline with high volume.
Take position at your own risk.
Building The Nation !!NBCC, a PSU construction company, after a long down move, building its steps in ascension..
Main pointer is Price – RSI diversion.
2 Black lines on chart show buying zone and Red line shows SL. Price is above 200 EMA.
Govt's boost to construction/infra building post covid augur well for the company too.
Do your own due diligence.
BullishBut above 30.45 for the target of 32.35
Keep sl 29.50
Or sell below 28.95 for the target of 27.80 and
25.60 wait for buy signal at 30.45
I am fully bullish on this share ur view
NBCC 1D chart, power of analysissee how beautifully respecting the trendlines, scalping swing oppurtunity, keep strict SL
NBCC: Short term & Mid term view Bullish Ref chart . As per indicators view it may reach the targets. Stoploss: take a given trend line as per your choice.
Vijayaraghavan,
Kovilpatti.
NBCC LONG TERM PICK 1-2 YEARSBUY NBCC (1 -2 YEARS) = CMP -26
TGT= 35/ 50 / 60+ (35% TO 120 % UPSIDE)
SL - 19 (5.50 POINTS SL)
RISK : REWARD
1: 6
**This post is for educational purpose,
please concern with your advisor before
investing in market related instruments.**
Looking perfect for buy - At supportPrice looking perfect to buy because price is exactly trading at the trend line support. Look at the chart you can understand the beauty of technicals.
H&S in NBCC with Neckline working as supportH&S pattern fomration in NBCC.
H&S support was on 23-24 levels.
Neckline of H&S is around 26-27, which is acting as a strong support.
A fall below this level rejected immediately as can be verified by a DOJI formation.
Major resistance is near 32 rs, which would be our target.
Go long with Tgt-32
Breakout and pullbackcan buy now and add till 28.50
for confirmation of pullback and continuation buy above 30 which is safe.
Stoploss and levels on chart.
