NBCC - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

IntraDay Trade Rating: 3.4

📊 Intraday Trading Analysis for NBCC

NBCC shows a technically weak but fundamentally strong setup for intraday trading today. While long-term metrics are solid, short-term indicators suggest caution due to declining momentum and price weakness.

✅ Positives

ROCE (33.5%) & ROE (25.9%): Strong operational and equity efficiency.

Debt-Free: Clean balance sheet.

FII (+0.79%) & DII (+2.30%) Holding Increase: Institutional confidence.

Qtr Profit Growth (21.4%): Earnings momentum.

Price > 200-DMA (₹103): Long-term trend intact.

⚠️ Intraday Concerns

RSI (36.1): Near oversold — weak momentum.

MACD (-1.95): Bearish crossover — short-term downtrend.

Price < 50-DMA (₹113): Below short-term support.

Volume < Avg Vol: 59.2 lakh vs 68.8 lakh — declining interest.

High P/E (48.5) vs Industry PE (23.8): Overvalued.

PEG Ratio (1.60): Moderately expensive relative to growth.

🔹 Optimal Intraday Strategy

📌 If Entering Fresh Today

Buy Zone: ₹108–₹109 (near intraday support and psychological level)

Profit Targets

Target 1: ₹112 (resistance near 50-DMA)

Target 2: ₹114 (if volume spikes midday)

Stop-Loss: ₹106 (below support and recent swing low)

📌 If Already Holding Today

Exit Triggers

RSI drops below 34: Indicates further weakness

MACD diverges further negative

Price fails to reclaim ₹110–₹111 by mid-session

Volume stays below 60 lakh with flat price action

🧠 Final Thoughts

NBCC is not ideal for aggressive intraday trades today unless a reversal pattern emerges. It’s better suited for range-bound scalping or watching for a bounce near ₹108. Fundamentals support long-term strength, but intraday momentum is lacking.

Would you like a list of mid-cap infra stocks with stronger RSI and MACD setups for today?

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