NBCC (INDIA) LIMITED
No trades
What traders are saying
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Ascending Brodening Wedge Breakout in NBCC
BUY TODAY SELL TOMORROW for 5%
NBCC making Cup and Handle PatternThe chart you've shared is a technical analysis of the NBCC (India) Ltd. stock on a weekly timeframe. Here's an interpretation and analysis based on the chart:
1. **Chart Pattern**:
- **Cup and Handle Pattern**: The chart appears to show a "cup and handle" pattern, which is a bullish continuation pattern. The cup is formed from 2020 to 2024, followed by the handle.
- **Upward Channel**: The stock has been moving within an upward channel since 2020, indicating a consistent upward trend.
2. **Price Movement**:
- **Recent Performance**: The stock recently broke out from the handle portion of the cup and handle pattern. This breakout is generally considered a strong bullish signal.
- **Support and Resistance**: The stock price is currently around 158.11 INR. The support level seems to be around the lower bound of the channel, and resistance around the upper bound.
3. **Volume**:
- **Volume Analysis**: The breakout is accompanied by significant volume (90.448 million), which adds to the credibility of the breakout.
4. **Projection**:
- **Target Price**: The projection based on the chart indicates a potential target price of 500 INR. This target is calculated based on the height of the cup pattern added to the breakout point.
5. **Trend Analysis**:
- **Bullish Trend**: The overall trend is bullish, supported by the breakout from the cup and handle pattern and the upward channel.
- **Potential Pullback**: There may be potential pullbacks or corrections, but the overall long-term trend remains upward as long as the price stays within the upward channel.
In summary, the NBCC stock chart suggests a strong bullish trend with a significant potential upside. The breakout from the cup and handle pattern, combined with high trading volume, indicates a likely continuation of the upward trend. However, as with all technical analysis, it's important to consider other factors and perform further research before making investment decisions.
NBCC SHARE IS LOOKS GOOD AT THE TIME - The price is approaching the upper resistance level at ₹176
- A breakout above this level with strong volume can signal further upside potential.
- Support is established along the ascending trendline, currently around ₹142.
- Volume has been consistent with no significant spikes yet, indicating a potential for volume increase upon breakout.
- The RSI is around 57.63, showing bullish momentum but not yet overbought, indicating room for further upward movement.
- Watch for a breakout above ₹176 with increased volume to confirm the next bullish move.
- In case of a breakout, the stock could target ₹176 and higher.
- Traders might consider entering on the breakout or on a retest of the ₹130 level, with stops below the ascending trendline.
NBCC Cup&Handle patternNBCC - Long for 25% possible upside
NBCC long position on the basis of cup and handle chart pattern
- 25% upside target
- buy @ 140
Disclaimer:-
Investments in securities are subject to market risk.
Everything I discuss here is for educational purpose.
I am sharing my personal view as a trader / investor.
Please consult your financial advisor before taking any decision.
BREAKOUT IN NBCC 📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF -NBCC-
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This Charts analysis are only for educational purposes only
I do not provide any CALL or Tips
NBCC--cup and handle pattern
--tgt-176(short term)
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser if needed
NBCC | Good for Long |NSE:NBCC
CMP: 136.30
Reason for Trade : Bullish Trend
Entry : Cmp or near Support 130
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead.
Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action
NBCC NEAR BREAK OUT OF CUP N HANDLE NBCC
Rally - Base - Rally price action
1.First Rally, then forming Base in the Cup & Handle pattern (Volatility contraction) & then again expected Rally after break out of the neck line.
2. Close above previous day High(134.5)
3. Close above last week High(130.40)
4. High increase in 1 month (+18.7%)
5. High increase in 3 months (+18.8%)
6. High increase in 6 months (+113.6%)
7. High increase in 1 year (+250.8%)
8. Promoter holding 61.75%
9. Pledged percentage 0.00 %
10. Change in Prom Hold 0.00%
11. FII holding 4.33%
12. Chg in FII Hold -0.13%
13. DII holding 9.94%
14. Chg in DII Hold -0.46%
15. Stock PE 60.4
16. Industry PE 95.75
17. ROCE 26.4%
18. ROE 19%
For Educational Purpose Only






















