NBP | Bullish StanceNBP is in a strong uptrend, making higher highs and higher lows. It recently broke resistance at Rs. 55 and is trading at Rs. 61.73. The previous resistance at Rs. 55 is expected to act as support. This level could be a good entry point for a long position in a swing trade. The next major resistance is around Rs. 72. If the stock breaks and sustains above this level, it could be a target for further gains. Set a stop loss at the previous swing low of Rs. 45 to manage downside risk.
