National Buildings Construction
Corporation Limited (NBCC)
- NBCC is moving up from fibonacci fan line support as shown above, chart indicates as long as stock holds above will favor bulls.
- Daily chart also indicates stock is holding its 20 days moving average as shown above in chart no.2, stock is moving up regularly from its 20 days moving average, as long as holds above stock will favor bulls.
- Chart also indicates stock is currently facing strong trend line resistance around 485 & 487. Once close above its resistance stock will favor bulls.
- Intraday close watch once stock starts trading above 485 & 487, if stays above then can see some intraday action in NBCC. Close Watch.
- Suggested post - FEDDERS LLOYD on the verge of bullish breakout.
- Click here to see all the trading reports (tips) published by us on NBCC (as per technical analysis point of view).
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