NCC - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.7

Here’s a detailed technical analysis of NCC Ltd

📊 Trend Overview

Current Trend: Mildly bearish

Phase: Consolidating with downside bias

Bias: Neutral to negative, as price struggles near key moving averages

📈 Technical Indicators Analysis

🔹 Moving Averages

50 DMA: ₹216

200 DMA: ₹230

Current Price: ₹216

Price is at the 50 DMA and below the 200 DMA → signals short-term indecision and medium-term weakness

Flattening 50 DMA and declining 200 DMA suggest fading momentum

🔹 RSI (Relative Strength Index)

RSI: 53.9

Neutral zone → no overbought/oversold signal

Indicates lack of strong momentum but room for upside if supported by volume

🔹 MACD (Moving Average Convergence Divergence)

MACD: -1.23

Negative MACD → bearish divergence

No crossover → trend remains weak

🔹 Bollinger Bands

Price near middle band → consolidation zone

Bands moderately tight → low volatility

No breakout or squeeze pattern visible

🔹 Volume Trends

Current Volume: 16.88 lakh

1-Week Avg Volume: 53.09 lakh

Volume significantly below average → weak participation

Suggests lack of institutional conviction

📌 Support & Resistance Levels

Level Price (₹) Commentary

Support 1 210 Minor support zone

Support 2 195 Previous swing low

Resistance 1 225 Immediate resistance

Resistance 2 245 Intermediate ceiling

Resistance 3 270 Trend reversal confirmation zone

🎯 Entry & Exit Zones

Optimal Entry Zone: ₹210–₹215 (on pullback near support)

Exit Zone / Profit Booking: ₹245–₹270 (resistance and breakout target)

🔍 Momentum Signals

Short-Term: Weak momentum, MACD and RSI not confirming strength

Medium-Term: Consolidation likely to continue unless price breaks above ₹225 with volume

Volume: Needs improvement for any meaningful breakout

🧭 Conclusion

NCC is currently consolidating with mild bearish undertones. Technical indicators show indecision, and the price is struggling to reclaim the 200 DMA. Traders may consider accumulating near ₹210 with a tight stop-loss, targeting ₹245–₹270 if volume confirms a breakout.

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