NCC Ltd. (Nagarjuna Construction Company) builds residential properties, industrial facilities, public buildings, roads, civil engineering structures and other types of infrastructure. The company also offers input materials used in construction, such as aggregates and asphalt, and conducts paving. Operations also include commercial property development. NCC Ltd....
This is the top investment pick.
STOCK NAME- NCC LIMITED
TIME FRAME- Weekly
INVESTMENT LEVEL 1 - @CMP
INVESTMENT LEVEL 2 - @50
STOPLOSS- @40 .
TARGET-@150.
LOGIC BEHIND THIS INVESTMENT PICK
Golden zone
Pole And Flag Pattern
Risk To Reward
Company Fundamental And Technical.
DISCLAMER: THIS IS FOR EDUCATIONAL PURPOSE. THIS IDEA AS BEEN SHARED TO SPREAD THE...
NCC Ltd - 07.01.2022
The stock is trading @ 70 levels
There is a MACD Bullish Divergence in weekly chart
There is a SPINNING TOP followed by DOJI in weekly chart
The prices are below EMA
Let the prices go above 72.30
watch out for the price action
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
We can witness a symmetrical triangle in the Day chart of the NCC Stock. Current Market Price is at 90.45. The share has the potential to reach 100, which is roughly 10 points above the current price which will be around 11% upside.
If it breaks that level it will have the the potential to reach 115. There is a surge in the volume of this stock on Friday (11...
just stumbled upon this stock, very nice expanding flat in making in weekly chart for major buy.
look for it if you are looking for longer trades.
thanks
tc
