●On a Daily Time Frame,Nbcc has given a Breakout.
□To Initiate a Trade.
○SL can be maintained below the low of Breakout candle.
□Targets are on the charts.
(Green line represents Eventual Targets)
□ Risk reward ratio from current market price is 1:1
♤On Weekly Time Frame, Stock has given a Falling wedge chart pattern Breakout, Which indicates Stock is in uptrend.
-- BUY when 1D candle closes above 44
-Formed cup and handle pattern which indicates Upside
--Wait for the resistance breakout
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...
BUY - NBCC LTD
CMP - Rs. 47
Target - 1: Rs. 72
Target - 2: Rs. 99
Target - 3: Rs. 122
.
Timeframe - 1-2 years
.
Technicals - Trendline Breakout
.
This is just a view by an expert analyst, please invest at your own risk.
.
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BUY - NBCC
CMP - Rs. 39
Target - 1: Rs. 52
Target - 2: Rs. 67
Target - 3: Rs. 78
.
.
Technicals - Bullish Symmetrical Triangle BO
.
This is just a view by an expert analyst, please trade at your own risk.
.
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NBCC is forming a Cup and handle pattern on the weekly charts and has closed above both the moving average.
It has closed near the resistance zone and on the daily charts, has taken support form the 200 ema and closed above both the moving averages.
61.8% fibonacci levels also coincide with the resistance area and if the zone is cleared there are chances of...
This is the previous swing trade. my rules are simple.
1.Analysing only F&O stocks (around 190-200).
2.FInding an opportunity by technical analysis.
3. Stock price must be above 50/200 EMA crossover.
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
Please consider these ideas for educational purpose
Comment below if you are looking for any answers.
This stock display a trend reversal & is close to breaking the Lower High structure in the D time frame.
There's a clear increase in demand displayed by the ascending triangle.
The entry & exit points are marked
NBCC (India) Limited is a public sector undertaking (PSU) under the Ministry of Housing and Urban Affairs, Government of India. It is a premier construction company engaged in various infrastructure and real estate projects in India and overseas. NBCC is known for its expertise in project management, engineering, and construction services.
Established in 1960,...
