nitcl

nitcl

Stock is on the verge of a 2 year long consolidation break out. Volume build up in the past few weeks is encouraging and suggests that buying interest is back in the stock The price has formed a nice base near the 20 WEMA since Aug, 2023. It broke out of this base this week. The zone from 500 to 530 has acted as a multiple support and resistance zone in the past....

nitcl

Stock is positioned to benefit from the capex investment growth story in India. Looks good on the charts for a mid to long term hold. Disclaimer: I am not a SEBI registered analyst. So please use this information at your own risk. This is just for educational and discussion purpose.