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Stock of the day : Nagarjuna Construction Company Ltd For Target Rs. 339 - Religare Broking
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Nagarjuna Construction Company Ltd.
* Recent price moves in NCC suggest volume delta, and Stock has formed a consolidation base near its 100 EMA.
* According to past trends, stock has a most sturdy setup, keeping the positive bias intact.
* NCC has surpassed its consolidation range and trading above 100EMA, i.e., its major support zones.
* Verdict: Follow-on upside most likely.
* Traders are recommended to accumulate the stock in the mentioned range for fresh highs.
Buy Nagarjuna Construction Company Ltd CMP 318.40 Range 315-319 SL 305 Target 339
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SEBI Registration number is INZ000174330
