NBCC - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.2

Here’s a detailed technical analysis of NBCC (India) Ltd

📊 Trend Overview

Current Trend: Bullish

Phase: Trending with moderate momentum

Bias: Positive, supported by price action above key moving averages and stable RSI

📈 Technical Indicators Analysis

🔹 Moving Averages

50 DMA: ₹107

200 DMA: ₹104

Current Price: ₹110

Price is above both DMAs → confirms bullish trend

50 DMA > 200 DMA → golden cross supports long-term strength

🔹 RSI (Relative Strength Index)

RSI: 60.4

Bullish zone, but not overbought

Indicates healthy momentum with room for upside

🔹 MACD (Moving Average Convergence Divergence)

MACD: 0.52

Slightly positive → mild bullish signal

Histogram flat → momentum is steady but not accelerating

🔹 Bollinger Bands

Price near middle band → consolidation zone

Bands moderately tight → low volatility

Breakout above ₹115 could trigger expansion

🔹 Volume Trends

Current Volume: 75.4 lakh

1-Week Avg Volume: 130.3 lakh

Volume below average → suggests mild consolidation

Watch for volume spike to confirm breakout

📌 Support & Resistance Levels

Level Price (₹) Commentary

Support 1 107 Near 50 DMA, minor support

Support 2 104 200 DMA, strong base

Resistance 1 115 Immediate resistance

Resistance 2 122 Intermediate ceiling

Resistance 3 131 52-week high, major breakout level

🎯 Entry & Exit Zones

Optimal Entry Zone: ₹106–₹108 (on pullback near support)

Exit Zone / Profit Booking: ₹122–₹131 (resistance and breakout target)

🔍 Momentum Signals

Short-Term: Mild bullish momentum with potential for breakout

Medium-Term: Trending upward with confirmation from moving averages

Volume: Needs improvement for sustained breakout

🧭 Conclusion

NBCC is currently trending upward, supported by bullish indicators and a stable RSI. Price action above moving averages and a positive MACD suggest continuation. Traders may consider entering near ₹106 with targets around ₹122–₹131, while monitoring volume for breakout confirmation.

Let me know if you'd like to compare this setup with other infrastructure stocks or set alerts for resistance breakouts.

Edit in a page