prachitv1

Important Levels for the year 2023

Long
prachitv1 Updated   
NSE:NCC   NCC LTD
NCC

Disclaimer: The mentioned analysis and view is not an Investment or Financial advice. All the Analysis and levels are just for educational purposes.

NCC LTD is trading in between an extremely bullish area.
Normally we see a major profit booking in these area but in some years we see further bullish movement with high volatility.

I have observed in the past years whenever stock prices are being traded and closes in the "YEAR END" in the extreme bullish area then in the next year we see consolidation or reversal of the Trend. Reversal will happen only when Stock is either fundamentally weak or there is ambiguity in the minds of investors with respect to economies. Its just an observation from my point of view and it can be proved wrong.

This analysis can be more useful if you club your trading / investment style or strategy with if. Do read all the information Provided in the chart.

I will keep updating as and when necessary, so stay subscribed to get notification of the idea at the earliest.

Always be cautious at the profit booking area.


Comment:
Holding its level quietly good.
Trade active:
Thats all for the week folks..Comment and share your thoughts for this week.Do subscribe to get the updated level on time as well as to get notified when i post important update in MINDS section.DO give it a boost if you like the analysis it will keep me motivated. Happy weekends.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.