Fib Golden Zone trading strategy is a very Smart trading strategy to buy a stock during retrace entertainment. NBCC price has given rejection on monthly chart from it’s Golden zone area of FIB. This is a perfect Risk Reward to Buy NBCC as this price. Monthly SL should be below 50% of FIB.
@NBCC Big Brakout After long time Consolidation with heavy Volume
Supertrend - Positive
RS-Positive
RSI-above(50)
Fundamental
Revenue- Up & down(on Qtrly Basis)
Marging%- GP margin & Ebitda( 2% to 5% on qtrly basis)-very low in my point of view
D/E- Nil(Feeling good)
Strategy-Buy on dip
Strict Stop Loss- near about 60 and Super Trend(weekly basis)
Disclaimer- i...
Triangle pattern
Accumulate this stock now 47rs to 35rs.
Target - 60, 68, 90.
SL - 30
If you want confirmation entry wait till it breaks 60rs and it will come to 45 to 50rs for retest, then buy with confirmation.
volume is very high from last few weeks which indicates investors are very active in this particular stock.
it was consolidating in a zone and was downside and now it has broken the resistance zone which shows it has high potential for upside.
The chart you provided shows NBCC Ltd.'s stock price currently trading at ₹168.65, which is significantly above the multi-year resistance level of ₹145.35 marked by the orange line. This breakout, accompanied by strong volume, indicates a potential continuation of the uptrend.
Key Points:
Breakout confirmed: NBCC successfully broke above the multi-year...
NBCC
my study points
1) M ,W , DAILY break-out
2) break-out with high volume spike
4) chart pattern rounding bottom
5) fundamentally strong stock
6) Company has reduced debt.
7) Company is almost debt free.
8) Company has been maintaining a healthy dividend payout of 44.4%
holdings :-)))
a) Promoters 62%
b)FIIs &...
#NBCC trading above Resistance of 145
Next Resistance is at 227
Support is at 95
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
NBCC, at present has a strong Order book of more than Rs. 50,000 Crore and it has been developing mega projects in various sectors across India and overseas such as Healthcare, Education, Industrial, environment and many more.
On-Going major Domestic Projects:
Redevelopment of Nauroji Nagar into Delhi’s one and only World Trade Centre (WTC)
Redevelopment of GPRA...
NBCC is also similar to NCC wherein Rounding bottom pattern completion is almost over for 2x returns
Disclaimer:
Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our...
#NBCC trading above Resistance of 95
Next Resistance is at 117
Support is at 79
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only....
For Educational Purpose..
#NBCC BUY Go Long
In Monthly Chart Showing Symmetrical Tringle Breakout on Candlestick & Line Chart...
Last Month Volume also good
Buy Above - 63.60 - 64
SL - 55
Target - 68, 74, 78, 82
Thank you
NBCC (INDIA) LTD has formed Symmetric Triangle Pattern and gave breakout already around 43-44 level.
#Current Price - 57-58
#Expected Target - 105
#Resistance Based Targets
- Target 1 - 68
- Target 2 - 79
- Target 3 - 105
#Support Based Targets (Can be used as Stoploss)
- Target 1 - 53.5
Pattern is forming on weekly chart.
Disclaimer:
This idea is only for...
