NBCC trade ideas
NBCCIt has closed above its latest Intraday and Weekly high and heading towards next target.
With stop loss of 54 on closing basis, it can be taken for targets of 60, 65 and 68
************************************************************************************************************************************************
Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
***********************************************************************************************************************************************
NBCC NBCC - Weekly Time Frame. Confluence of Cup and Handle and Inverted Head and Shoulder pattern. Breakout has already been done.
CMP - Rs 54.70 (Can enter at this price or Rs 54)
SL - Rs 46
R:R - 1.75
Disclaimer - I'm not SEBI registered. Do your own analysis before investing. The above idea is for educational purpose only,
