nbccNBCC (India)
NBCC
entered into a memorandum of understanding with state-owned Mahanager Telephone Nigam
MTNL
for a project valued at 16 billion Indian rupees
NBCC trade ideas
Technical Analysis of NBCC India LtdTechnical Analysis of NBCC India Ltd
Overview of the Stock - The chart shows a 1-hour timeframe of NBCC India Ltd, a public sector undertaking in India. The analysis is based on technical indicators and price action.
Key Observations
Downward Trend: The overall trend appears to be downward , as evidenced by the descending trendline connecting the highs.
Support Levels: The price has been finding support around the 182-184 level. A break below this level could signal further downside.
Resistance Levels: The 200-day moving average (DMA) has acted as a resistance level in the past. A break above this level could indicate a potential reversal.
Fibonacci Retracement: The price has retraced to the 0.5 Fibonacci level (around 179.91) after a previous decline. This level might provide support.
Volume: There is no significant volume data shown in the chart. However, a surge in volume could accompany a breakout or breakdown.
Potential Scenarios
Continuation of Downward Trend: If the price breaks below the 182-184 support level, it could continue its downward trend. The next support levels to watch are the 0.5 Fibonacci level and the 150-day moving average.
Reversal: A break above the 200-day moving average could signal a potential reversal. However, this would require strong volume and confirmation from other technical indicators.
Range-Bound Trading: If the price remains between the 182-184 support and the 200-day moving average resistance, it could indicate a period of range-bound trading.
Conclusion - Based on the chart, NBCC India Ltd appears to be in a downward trend. However, there is potential for a reversal if the price breaks above the 200-day moving average. It is important to monitor support and resistance levels, as well as volume, to make informed trading decisions.
Disclaimer: This analysis is based on the provided chart and is for educational purposes only. It does not constitute financial advice. Always consult with a financial advisor before making investment decisions. Do your own research because I am not SEBI registered person and this is my personal opinion about the stock only for educational purposes.
Thanks for your support as always.
Symmetrical triangle Good volume build in daily time frame.
Highest volume buildup in day.
Symmetrical triangle breakout with good volume.
Fundamental's are Good.
NOTE: I do my analysis, do yours before trade.
Nbcc (india) Limited Nbcc (india) Limited TP hit prices can rally if key resistance broken impulsively, move your stops or book some partials.
NBCCBreakout happend in this stock with rising 200dma and RS indicator is also showing strength.
Keep your risk and reward ratios according to your own preferance.
This is for educational purpose, do your own research before investing
NBCC potential breakout - Long base VCP setup
- Trading in a narrow range
- Volume contraction
- Low risk entry point
NBCC chart analysisNBCC chart analysis on daily time frame.
1. Trendline breakout.
2. Looks good above 187
3. Support near 170.
50 SMA Rising - Swing TradeI am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
50 SMA Rising strategy. Suitable for Swing Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade for 2 to 4 weeks.
Do not Forget to Exit is Stop loss Hit.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Next Big move on NBCC India Ltd..Next Big move on NBCC India Ltd
For Longs as price is at the resistance turn support, Wait for the trend line brake with volume. take a lower time frame long entry to increase risk to reward ratio..
Long Scalp:Long Scalp: custom made indicator for Long and Short Scalp: In this case giving solid Long signal. Solid means multiple indication about trend and momentum. The two important features needed for scalp.
NBCC - AnalysisBullish Levels -day closing above 178 (early entry) then 225 to 232 (safe entry if day closing above this) then 315 then 405 then 495 then 578 to 592 if sustain above this then Long term tragest can be 1027 to 1041 then 1332 to 1339 or 1477 to 1491
Bearish levels :- Day closing below 172 (SL for Swing trade) then 142 then 126 (SL for Long term Investor) below this more bearish.
**Consider some Points buffer in above levels
**Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
NBCC Swing and positional NBCC retesting trendline support
Also completed horizontal retest
classical round bootom formation
Target could be 200, 220, 300 (positional )
SL 175
Strictly for educational purpose only
NBCC India in cup with hendel monthly break out confirm NBCC India report monthly break out today with high volume. And a pattern form Cup and hendal. It's a rare in long time frem chart like weekly and monthly chart. Good to see this live. And please study the chart of NBCC India Ltd.
nbccsecured a contract worth 360 million Indian rupees from the National Institute of Technology (NIT), Patna, for project management consultancy for the supervision of construction and development of an incubation center at its Bihar campus, according to an Indian bourse filing on Thursday.
NBCC: Attempting all time high breakout after a big baseAs I mentioned in my previous post that a strong trend is like a family.
Here's an update on NBCC after my last possible entry price where the breakout is under formation.
Note that, new initiative buyers will start to participate on the breakout and we can again see one momentum.
However, this has to be sized well given the market behaviour at this moment.
NBCC - Trend is your friend. Family if stronger.Like I said in the title, strong trend is like family, they don't betray you soon.
The amount of buying force we have seen in the PSU names in the last one year is superb. And if we were to believe that it won't fade very abruptly, we'd be right more often than not.
Based on the above logic, I see there is good potential in this trade and worth placing the risk.
Breakout from Ascending triangle with volumes is a simple recipe for trading chart patterns.
Note: You are at your risk, I am not responsible and this is not a recommendation.
NBCC - Holding above all time high levels. Another move? Reality sector like any another is cyclic. And this name comes from the PSUs which makes it even more macro centric.
Now look at it from technical point of view.
1. Strong sector: There is still a lot of fuel left in Reality. We can see some names are in mid way and have not matured on charts.
2. Strong momentum: Price is holding above the all time high breakout levels which is a strong sign. Now, it may take some rest but should give another follow through for it to remain strong.
3. Volumes: Constant support with big green bars clearly visible there
#nbccOn daily chart stock in a upward Trend, stock given breakout in Jan-2024 and now near breakout retest levels. Stock is forming a ascending triangle pattern. Buy near this level. Stock is in good uptrend. Risk Reward is favourable.
NBCC - A clear go longEarlier suggested to go go long on the pre pole result day on dip. It respected our level.
Today on 11 June its a break out again.
Go long confidently for Targets depicted on the chart
NBCC Long Term Outlook.Picture Perfect Weekly and Monthly Closing. India on the cusps of Making History again as stable govt. is about to get re-elected for a third consecutive term. I am expecting a 4-5 times kind of return from the current date i.e. 01.06.2024. Time frame should be 3 Years. See you all in 2028.
NBCC BRAKEOUT FOR LONG POSITION NSE:NBCC
NBCC GIVES BRAKEOUT ON 143-144 LEVEL
ACCORDING TO THE ANALYSIS NBCC GIVES TARGET OF 178 IN SHORT PERIOD.
WITH STOPLOSS OF 125.
www.tradingview.com
NBCC LTDVcp pattern
Volumes on up days outweighing volmes on down days
breakout of ascendiing triangle will confirm continuation of uptrend
NBCC- On the verge of getting bullishTill the time the chart stays above 124, it has all the chances of going super bullish. I see that in next week, we might see a very good resistance. Its seen taking support of an important Gann level.
