Hey guys I hope you all are doing well, making insane amount of profits.
Check out this chart for NBCC! It's like a cool artwork with a symmetrical pattern. So, for the past 5 years, it was consolidating in a beautiful range, symmetrical tringle pattern. Where initially it has dropped by around 60%, but then it bounced back and started making slightly lower highs and also higher lows.
There is another important line between support and resistance where price has been dancing around this multiple times. And guess what? On the last trading day, it made a big 8% jump and even broke through two trend lines.
If this good vibe keeps going and it stays above those lines, it might be a good time to jump in. We will go bit longer as it has historical evidence to go much higher level if waited patiently.
Note- It is not at all a recommendation, Please do your due diligence before investing.
Check out this chart for NBCC! It's like a cool artwork with a symmetrical pattern. So, for the past 5 years, it was consolidating in a beautiful range, symmetrical tringle pattern. Where initially it has dropped by around 60%, but then it bounced back and started making slightly lower highs and also higher lows.
There is another important line between support and resistance where price has been dancing around this multiple times. And guess what? On the last trading day, it made a big 8% jump and even broke through two trend lines.
If this good vibe keeps going and it stays above those lines, it might be a good time to jump in. We will go bit longer as it has historical evidence to go much higher level if waited patiently.
Note- It is not at all a recommendation, Please do your due diligence before investing.
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Stock is currently up by huge 30% from our analysis point. Recently it has bagged up an order worth 180cr. from SAIL.
