NCC - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

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Technical Rating: 3.8

Technical Analysis Summary

• Trend: Consolidating near short-term support
• Moving Averages: Price (₹213) is slightly above DMA 50 (₹212) but below DMA 200 (₹225), indicating mixed momentum
• RSI (52.9): Neutral zone, suggesting indecision in momentum
• MACD (0.47): Mild bullish crossover, signaling potential upside
• Bollinger Bands: Price near mid-band, indicating consolidation with breakout potential
• Volume: Below average (10.5L vs 28.3L), showing reduced participation

Entry & Exit Zones

• Support: ₹205 – ₹212 (recent base and DMA 50)
• Resistance: ₹225 – ₹230 (DMA 200 and prior swing highs)
• Optimal Entry: ₹208 – ₹213 on pullback with MACD confirmation
• Exit Zone: ₹225 – ₹230 if price stalls near resistance

Positive

• Strong ROCE (20.1%) and healthy ROE (10.7%)
• Low PEG ratio (0.64) suggests undervaluation relative to growth
• EPS of ₹12.0 and attractive dividend yield (1.04%)
• Positive FII sentiment (+0.17%)

Limitation

• Price below DMA 200 indicates long-term resistance
• Quarterly profit decline of -5.30% (₹190 Cr. vs ₹242 Cr.)
• Volume significantly below average, showing weak conviction
• Negative DII sentiment (-0.85%)

Company Negative News

• Concerns over execution delays and margin pressures in infrastructure projects

Company Positive News

• Strong order book and government push for infrastructure spending
• Improved operational efficiency and low debt-to-equity ratio (0.20)

Industry

• NCC operates in the construction and infrastructure development sector
• Peers include NBCC, IRCON, and Engineers India

Conclusion

NCC is currently consolidating near key support levels with mixed technical signals. While fundamentals remain solid and valuation is attractive, weak volume and resistance near DMA 200 suggest caution. Traders may consider entry near ₹210 with targets around ₹230, watching for volume recovery and MACD strength.