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.
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SEBI Registration number is INZ00017433
