NBCC is on the verge of bullish breakout @ 848.

NBCC

• Stock is moving up from strong 50 DMA, chart indicates as long as stock holds above bulls will be favored.
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• On upper side NBCC will find strong resistance around 848 (fibonacci retracement - golden ratio). Chart indicates once stock closes and holds above 848 the further price rise can be seen. Close Watch.

NBCC is on the verge of bullish breakout above 848.

NBCC

• Stock moving up from 50 DMA this will favor bulls as long as stock holds above its moving average.
• On upper side stock will find fibonacci retracement resistance around 848. Further strength expecting once stock closes and holds above 484.

NBCC Share Tips, Technical Analysis Chart, Stock trading Graph - NBCC moving up from strong support, Further buying expecting once closes above its major resistance 485 & 487. (Updated On 31st July 2014, Thursday).

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.
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• Click here to see all the trading reports (tips) published by us on NBCC (as per technical analysis point of view).