Time frame 6 months to 1 yr.
Nesco is a debt free company.
Good reversal near long term support . First target 600+ . My final target 800++
Could be a good investment for 1 yr time frame.
Tip: Don't invest all your capital at a time. Invest in Sip
Nesco Ltd. is trading at the support level and near 52 weeks low whereas technical indicators are sloping downwards if price trades below support level 416 more downside is expected. Keep a watch.
It seems no resistance till 885-890. Keep on radar.
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Consolidating with bullish bias. Good support at 535 and fresh break out can be seen once it closes above 585 in short term. Strong support at around 500.
can see trgts of 585 to 600 for short term to medium term wit sl 540
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