What Next Move for NBCC @50 Level

11 maj 2021

Today NBCC achieve our target of Rs 50. Now next hurdle @55. Book Profit at the current level for short-term view. As Of now,
1. Book Partial profit as it may rally further but the risk-profit ratio is not favourable till it crosses 55 then we can see the final target @ 65.
2. If it can not hold the current level 50 then it may fall to below 44.
From the nifty point of view, the next two sessions on 12 or 14 are crucial. Any day big move is going to come that decide nifty trend upward/downward.
Looking for the safer side, it better to book profit and wait for the level to break to enter again.

13 maj 2021

Uwaga

Last time, I told that some big move was seen in nifty and nifty close below 14700 but on the positive side, NBCC still hold 50 but not able to pass 52 levels. Revised your Stop loss for the short term.

15 maj 2021

Uwaga

In this week NBCC did our target at 50 and try to cross-resistance level but fail to do so. Revised your stop loss as per your risk capacity.

23 maj 2021

Uwaga

no change in the chart just holding 50 level.

13 cze 2021

Uwaga

now we can enter in the trade as break out in the chart with high volume for the next target 61 with stop loss 51. if any time, share close below it then exits.