NSE: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...
NCC crossed a crucial resistance with high volume and good candlestick pattern. Also, all the technical indicators are in buy side with non stop resistance up to 201.
Entry - 157
Target - 201
Stoploss - 132.5
On Monday if NCC closes at this level than it is 6 years BO happening...... one interesting pattern of Inverse head and shoulder was formed months before and than after stock is in uptrend......
NCC clearly broken flag pole with Volume at level above 80
Chance can hit 118 136 144+++ with stop 94
Beautiful chart as 2020 make double bottom support at 15 than going up n up. still seems more upside.
As per analysis, NCC has reached its first target of 118 and taking retracement at the trendline. There are 2 possibilities.
1. If it pullbacks from the retracement level then it will reach out to target level 1 then 2 respectively.
2. Otherwise, if it breaks the retracement level of trendline, then the price will move down to the level of 105 which is acting as...
There are some quality stocks which are having a "Pushpa" attitude! "Zukega Nahi S_L_ !"
NCC has been in uptrend in D & W TF! 15 Min TF also shows good support even in falling time! Looks attractive for positional set up.
CMP 99.35
Increasing profits every quarter for the past 2 quarters
Company with decreasing Promoter pledge
FII / FPI or Institutions increasing their shareholding
Near 52 Week High
Strong Momentum: Price above short, medium and long term moving averages
RSI indicating price strength
*Not recommendation. Do your due diligence
NCC Limited is an...
Reason for long
1. Market structure - bullish
2. Consolidation before the Breakout : 3 month consolidation
3. Support-Resistance levels: Entry near support
4. Supply-Demand zones: Demand zone as evident by volume
5. Location of 200MA or 200EMA: flat
6. Overlap with a Fibonacci level : entry near 0.382 breakout level
7. Candlestick pattern and the size of candles :...
