Powered by: Motilal Oswal
2025-11-26 10:42:53 am | Source: Religare Broking Ltd
Stock of the day : NBCC India Ltd by Target Rs. 125 - Religare Broking Ltd
Stock of the day : NBCC India Ltd by Target Rs. 125 - Religare Broking Ltd

NBCC India Ltd

Buy NBCC India Ltd CMP 117.59 Range 117-118 SL 114 Target 125

* NBCC exhibits a well-defined bullish structure, with price action sustaining above key moving averages, reinforcing underlying strength.

* A consistent formation of higher highs and higher lows, coupled with steady volume participation, indicates accumulation and improving trend outlook.

* Momentum indicators e.g. RSI and MACD, continue to align positively and reflect strengthening bias.

* Based on current structure, long positions near prevailing levels remain justified in anticipation of further upside continuation.

 

 

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

SEBI Registration number is INZ00017433

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