NCC Ltd. - Bullish breakout with good volumeNote: This is for educational purpose only.
There seems to be a breakout with good volume. Similar breakout is shown on RSI. RSI is 55 which is in neutral zone.
NCC trade ideas
Litmus test- tomorrow. Ran splendidly, crossed descending resistance at 31.90 today, as was anticipated, but came from ascending resistance. For tomorrow the resistance is at 33.60 and it will be interesting to see closure tomorrow. if it remains bullish for a couple of days, target will be in the range of fifties.
long NCCNCC Infra is an infrastructure development company and a wholly-owned subsidiary of NCC. Undertaking the development of infrastructure projects through Government concessions, NCC Infra primarily focuses on long-term infrastructure projects that offer stable revenue streams.
NCC - Cash levels - CMP 29.35 Buy @ 27-29 Targets 31- 33- 35NCC - Cash levels - CMP 29.35
Buy @ 27-29
Targets 31- 33- 35+
SL 25
Next Move One can look for strong daily close before entering in cash for Next move ,
This is high likely will be the last move before it enters in Side ways or Consolidation Phase
Good luck
NCC may be able to break this time its long term resistance zoneSo whats the call on NSE:NCC
Go for long when ?
above BB middle line on 240min chart
Whats Stop ?
31
Target?
34 and if able to close above 35 next Target-38
NCC LTD. - Inside Bar PatternNCC LTD.
#NCC is trading in an INSIDE BAR PATTERN on 30mins chart.
For the upper breakout, the price needs to close above 31.25. The next resistance is 32.70/33.30. Keep 30.50 as a support.
For the lower break-down, the price needs to close below 30.30, the next support is 29.30/28.85/28.10. The Resistance is 31.00 on 30mins chart.
RSI is above 50-level and is BULLISH.
TT2 trend is BULLISH in 30mins.
KEEP AN EYE!!
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.
Retesting Resistance ZoneCan buy at 29.90
Target 1 : 46.90
Target 1 : 52.55
Target 1 : 56.60
Stoploss : 27.00
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
NCC GO LONGthere is a confluence of breakouts of ascending triangle as well as flag
buy around 31.5 levels keep a stop of 29.3
and targets of around 40 & 46
[Positional] NCC Short Idea Maxpain Deviation TheoryThe deviation stands at 9.09. That is huge! Either OI has to come up to give support or it has to fall. I am thinking to do intraday short futures and a call spread.
Long NCCThis stock has taken support at 15.85 (16.50 is 2013 low). Currently, this stock is @30.85 almost 50% up from its recent low. It can easily touch 50-60 in near months.
Trend AnalysisWill be a good buy above 29, if the price breaks the neckline. Look out the volume when price expands at position 1 and 3. Relative strength against Nifty is better. Let's see.
Disclaimer: Idea is for learning, please do your analysis and try.
