Powered by: Motilal Oswal
2025-09-23 11:28:56 am | Source: Religare Broking Ltd
Stock of the day : NBCC India Ltd by Target Rs. 123 - Religare Broking Ltd
Stock of the day : NBCC India Ltd by Target Rs. 123 - Religare Broking Ltd

NBCC India Ltd

Buy NBCC India Ltd CMP 114.95 Range 114-115 SL 110 Target 123

* NBCC is exhibiting renewed strength, with price action sustaining above key moving averages 50, 100, and 200 DEMA, confirming positive momentum.

* The breakout from recent consolidation is reinforced by rising volumes and a higher-top, higher-bottom structure.

* Notably, prices rebounded after retracing nearly 50% of the prior rally from March to mid-June, highlighting strong support.

* The overall technical setup remains constructive, and investors may consider initiating long positions within the suggested levels.

 

Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ000174330

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here