NBCC trade ideas
NBCC (India) Ltd - An Opportunity to BuyAs per previous chart history and present chart pattern, an opportunity is seen to buy this stock above 109.50 or wait for a strong pullback from the no trading zone as mentioned on the chart
Buying can be done on CMP or wait for a reversal pattern from downside
Do your own research before buying this stock as I am not SEBI registered person
Thanks for your support as always
NBCC forming CUP patternNBCC has formed a CUP chart pattern and traded near neckline level 146.
The volume is increasing as the price is nearing the neckline level. It tried to break the neckline before, but it was a fake breakout or was not sustained.
The monthly RSI is over 78, the weekly RSI is almost 64, taking support at 60, and the daily RSI crosses 60 from below.
If you measure the depth of the cup and clone it over the neckline, that would be your target, and the previous higher low would be your stop loss. If the trade goes as described, it would give you a risk-to-reward ratio over 3.
Crossover Trade - NBCC📊 Script: NBCC
📊 Sector: Miscellaneous
📊 Industry: Miscellaneous
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout of it.
📈 MACD and Double Moving averages are giving crossover.
📈 Right now RSI is around 65.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 138
🟢 Target 🎯🏆 - 149
⚠️ Stoploss ☠️🚫 - 132
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
NBCC LTD - TECHNICAL LEVELSGood to enter at 140 level
Targets - 200,250+
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NBCC Mid Term Idea - 100% ROI Potential with RR of 1:3NBCC - Poised for a good up move.
1) Monthly has taken a proper support at the previous bottom range of 16 Rs and consolidating for about 2 years in Hl formation, it is about to move into an uptrend making a Higher high, breaking the previous high of 59.
2) Weekly is an uptrend, breaking a 6 months old resistance of 44 range.
Major trendlines and support and resistance zones are marked for Resistances which are probable sell zones (TARGETS) and SL.
Will be taking a very strong bullish stance on NBCC with huge upside potential once after monthly closes above 59 range. Yet bullish for a 10% up move in the very short term and 20% till 59, as of now as it has crossed a 6 months old resistance price.
Please comment for suggestions and view points.
Tryin pretty hard but ....
Only seeing good candlesticks which yet to be completed but full marks for efforts, but performance is subjected to the Volumes which were missing.
Rest you had great Wisdom.
Gratify if you appreciate the practice then you can like it, share it and
If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
Stay safe.
NBCC - Ichimoku BreakoutStock Name - NBCC (india) Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 77
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
Trendline Breakout - NBCCPlease 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%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
NBCC Monthly timeframe NBCC (India) Limited, formerly known as National Buildings Construction Corporation Limited, is a leading construction company in India. It is engaged in the business of project management consultancy services for civil construction projects, civil infrastructure for power sector, and real estate development. NBCC is a Government of India undertaking, providing services both in India and abroad.
Market Position:
NBCC holds a significant position in India's construction and real estate sector. It specializes in executing large, complex projects and has a robust track record of completing projects on time and within budget. The company's diversified portfolio includes residential, commercial, and infrastructure projects.
Key Investment Themes:
Government Projects and Initiatives: NBCC benefits from its close association with the Indian government. It is often entrusted with critical government projects, especially in sectors like infrastructure, healthcare, and education. As the government focuses on improving these sectors, NBCC's order book remains robust.
Project Execution Expertise: NBCC is renowned for its project execution capabilities. The company's ability to handle complex projects, adhere to timelines, and maintain quality standards is a key differentiator. This expertise gives confidence to clients and investors alike.
Diversified Portfolio: NBCC's diverse range of projects, including residential complexes, office spaces, hospitals, and institutions, ensures that its revenue streams come from various sources. This diversification helps in mitigating risks associated with dependence on a single sector.
Real Estate Development: In addition to project management consultancy, NBCC is involved in real estate development. With a growing middle class in India, there is a consistent demand for residential and commercial spaces. NBCC's real estate projects cater to this demand, offering a potential avenue for growth.
International Presence: NBCC has a presence in countries outside India, offering its construction and project management services globally. This international exposure provides the company with opportunities in emerging markets.
Risks and Mitigation:
Economic Sensitivity: The construction industry is sensitive to economic fluctuations. NBCC mitigates this risk by diversifying its project portfolio across various sectors and geographies.
Regulatory Environment: Changes in regulations and policies can impact construction projects. NBCC actively engages with regulatory authorities and stays updated with evolving policies to adapt effectively.
Supply Chain and Labor: Fluctuations in raw material prices and availability of skilled labor can impact construction projects. NBCC manages these risks through strategic partnerships with reliable suppliers and workforce training initiatives.
Long-Term Outlook:
NBCC (India) Limited offers a compelling investment opportunity due to its strong project execution capabilities, government affiliations, diversified project portfolio, and international presence. As India continues to invest in infrastructure and real estate development, NBCC is well-positioned to capitalize on these opportunities.
Investors seeking exposure to India's construction and real estate sectors might consider including NBCC in their portfolio. However, it's essential to monitor economic indicators, regulatory changes, and project pipelines while maintaining a long-term investment horizon. Conducting thorough research and periodic reassessment of the investment thesis is advisable to adapt to changing market conditions.