Stock Market Trends - Buy recommendation on NCC Ltd - Trending

NCC Ltd is a mid - cap company having a Market capital of 4229 crores operating in construction sector. For the quarter ended on Dec 31 2021 , company has reported a total income gained of Rs 3032 crores which 16% higher than the previous quarter. 

In view of daily chart the level 69 is very important for the stock. It will be a breakout level for NCC. The stock can be bought  at current market price with a stop loss at 60. The target is not defined since the stock has the potential to give huge returns in mean time. The stock can be considered for long term investment if it breakouts the 69 level with high volume.

If this content seems interesting to you , stay tuned for more updates from this space and also watch my previous article on stock market trends. Give your suggestions on comment section.

 

IF YOU ARE CONFIDENT WITH YOUR WRITING AND COMMUNICATION SKILL THEN CONVERT YOUR SKILL TO MONEY. CHECK THE SIDEBAR OF THIS BLOG FOR MORE INFORMATION. 

TIPS

⚡Supply and Demand Indicator ⚡ Best Price Action Indicator ⚡

This indicator plots the supply and demand zones on the price chart of financial assets. These zones help retail traders in trading. 

it plots four types of zones

• Rally base Rally
• Drop base Drop
• Drop base Rally
• Rally base Drop

INCREDIBLE Conversions
LONG-TERM Evergreen Offer
MASSIVE Payouts