NBCC trade ideas
NBCC INDIA TARGET 🎯 61₹ 40% UP💚Clearly cup and handle pattern in chart and breakout today...
Keep eyes 👀 on
Disclaimer:
I am not sebi registered person, I am not giving any buy or sell recommendation;I am just giving my personal opinion.please invest in your own risk.before taking any investment decision please consult your financial advisor .
I am not responsible for your financial loss.
Resistance BreakoutPlease 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
NBCC looking bearish I good short trade in NBCC Ltd. here is a symmetrical triangle chart pattern breakout and a important support breakout it will be go down to 15 Ruppee.
Important wait for closing in 1 week candle if it's closes below it's support then surely it was an good trade
Disclaimer: I am not SEBI registered this is for educational purposes.
Channel reversal possible - Swing TradeThe script has been moving in an inconsistent Channel pattern. Currently it is at its lower channel line.
There is a strong support zone at the current location. 100 days EMA and 50% fibo support further strengthens the support.
Can be brought with once a sign of reversal is formed with decent volumes.
DISCLAIMER: The ideas are merely for educational purposes. Please consult your financial advisors before taking any trade. Trade at your own risk.
NBCCBuy - tomorrow at opening price OR above 55
SL - 51.90
First Trg - 56
Second Trg - 58-59
Reason : it take support from 1h 200 EMA and continue to go up so you buy tomorrow with half capital and buy another when it come to lower trendline and take support OR breakout of higher trandline at above 55
I hope you learn from it.