NCC LTD ---- GIVES BRAKEOUT ON DAILY CHARTNSE:NCC
NCC Ltd Gives Brake out on Daily chart,
Buy Near 320
Sl 295
Target 380+
Time duration 15-20 days
Risk Reward Ratio - 1 : 2.50
Profit on capital Ratio 18%
Ncclong
NCC nudging up again. NCC Ltd. (Nagarjuna Construction Company) builds residential properties, industrial facilities, public buildings, roads, civil engineering structures and other types of infrastructure. The company also offers input materials used in construction, such as aggregates and asphalt, and conducts paving. Operations also include commercial property development. NCC Ltd. CMP is 150.40.
The Negative aspects of the company is MFs are decreasing stake. The Positive aspects of the company are low debt, zero promoter pledge, FIIs are increasing stake, improving annual net profit, improving cash from operations annual.
Entry after closing above 152. Targets in the stock will be 162 and 176. Long term targets in the stock will be 190. Stop loss in the stock should be maintained at closing below 135.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NCC Ltd - 07.01.2022NCC Ltd - 07.01.2022
The stock is trading @ 70 levels
There is a MACD Bullish Divergence in weekly chart
There is a SPINNING TOP followed by DOJI in weekly chart
The prices are below EMA
Let the prices go above 72.30
watch out for the price action
NCC At demand zone NCC trading at Weekly
Support Daily support
good time to enter with LOW RR
it may give breakout from weekly time frame
NCC - AnalysisWe can witness a symmetrical triangle in the Day chart of the NCC Stock. Current Market Price is at 90.45. The share has the potential to reach 100, which is roughly 10 points above the current price which will be around 11% upside.
If it breaks that level it will have the the potential to reach 115. There is a surge in the volume of this stock on Friday (11 June'21).
This is for educational purpose only
