Plane your Trade on NBCClooking good
consolidating after that breakout is possible
government stock + recent Project approvel + fundamental gd company
NBCC trade ideas
NBCC, what a weekly break out. NBCC, Just go and buy it. buy in ton lots on every fall till 20.
Nice break out on all charts, daily, weekly and monthly.
Tgt : 21+57=78
Aim for nothing less than 75 in coming months
BUY NBCCBUY NBCC AT CMP 60.95 TO 60 SL 59.45 TARGET 61.5-67 REASON FOR THIS TRADE
1. FORMED HAMMER ON DAILY CHART
2. TOOK SUPPORT AT 50 EMA
3. TOOK SUPPORT AT 50 % OF FIBONACCI RETRACEMENT
MONEY MANAGEMENT MUST
RSI Bullish divergence & High RRCurrently bouncing from support with bullish divergence. Good for long term if election results are positive
NBCCGoing to keep a close eye on this budget play for affordable housing. Govt wants to revive the stalled projects and NBCC is willing to build them...
Technically stocks bounced from a LT support level. Should be an interesting play over the next many months.
NBCC HITTING THE BOTTOM, TIME TO GO LONG.NBCC can be ideally bought at current levels and further be accumulated on drops.
midterm target Rs 80/-
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NSE:NBCC Sell For 14 Nov 2018NSE:NBCC sell initiate for 14 Nov 2018 using 1 hour chart based on Fibonacci levels,
check below Sell level :
Sell Below : 64.75
Stop Loss : 66.35
Target : 63.85
SHORT NBCCThere is key structure and butterfly pattern confuluence seems like a good idea to go short
