Nccltd
NCC nudging up again. 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. CMP is 150.40.
The Negative aspects of the company is MFs are decreasing stake. The Positive aspects of the company are low debt, zero promoter pledge, FIIs are increasing stake, improving annual net profit, improving cash from operations annual.
Entry after closing above 152. Targets in the stock will be 162 and 176. Long term targets in the stock will be 190. Stop loss in the stock should be maintained at closing below 135.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NCC LTD. A Good Investment Pick At Golden Zone.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.
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NCC - AnalysisWe 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 June'21).
This is for educational purpose only