NBCC - Technical Analysis

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

Technical Rating: 3.1

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

📊 Trend Overview

Current Trend: Bearish consolidation

Price is trading below the 50 DMA (₹113) and slightly above the 200 DMA (₹103), indicating short-term weakness but long-term support.

The stock has corrected from its 52-week high of ₹140, suggesting a reversal from peak levels.

📈 Momentum Indicators

RSI (36.1): Approaching oversold territory, signaling bearish momentum but potential for a bounce.

MACD (-1.95): Negative crossover, confirming short-term bearish pressure.

Volume: Below weekly average, indicating reduced participation and indecision.

📉 Moving Averages & Chart Patterns

Support Levels

₹103 (200 DMA, strong support)

₹100 (psychological support)

₹95–₹98 (trendline support zone)

Resistance Levels

₹113 (50 DMA, immediate resistance)

₹120 (intermediate resistance)

₹140 (52-week high, major resistance)

📎 Bollinger Bands

Price is near the lower band, suggesting oversold conditions and potential for a technical rebound.

Bands are widening slightly, indicating rising volatility.

🔍 Short-Term Signals

Momentum: Weak, with bearish MACD and RSI below 40.

Entry Zone: ₹100–₹105 (if support holds and RSI stabilizes)

Exit Zone: ₹115–₹120 (near resistance or MACD reversal)

🧭 Conclusion

Trend: Consolidating with bearish bias.

Outlook: Watch for bounce near ₹103 or breakdown below ₹100.

Strategy: Cautious accumulation near support; wait for MACD and RSI confirmation before aggressive entry.

You can explore TradingView’s technical dashboard or Moneycontrol’s daily chart insights for real-time updates. Want me to compare this with another infra stock like IRCON or Engineers India?

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