NBCC has formed a CUP chart pattern and traded near neckline level 146. The volume is increasing as the price is nearing the neckline level. It tried to break the neckline before, but it was a fake breakout or was not sustained. The monthly RSI is over 78, the weekly RSI is almost 64, taking support at 60, and the daily RSI crosses 60 from below. If you measure...
NBCC - Poised for a good up move. 1) Monthly has taken a proper support at the previous bottom range of 16 Rs and consolidating for about 2 years in Hl formation, it is about to move into an uptrend making a Higher high, breaking the previous high of 59. 2) Weekly is an uptrend, breaking a 6 months old resistance of 44 range. Major trendlines and support and...
NBCC Monthly chart buy on dip first target 145 & Second Target 200 volume is also good..
Stock Name - NBCC (india) Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 77 #This is not Buy and Sell recommendation to any one. This is for education...