NCC - Technical Analysis

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

Technical Rating: 3.2

Here’s a detailed technical analysis of NCC Ltd

📊 Trend Overview

Current Trend: Bearish to neutral consolidation

Price is trading below both 50 DMA (₹225) and 200 DMA (₹236), indicating short-term and medium-term weakness.

The stock has corrected significantly from its 52-week high of ₹364, reflecting a broader downtrend.

📈 Momentum Indicators

RSI (46.8): In the neutral zone, slightly bearish. No oversold signal yet, but momentum is weak.

MACD (-1.61): Negative crossover, confirming bearish sentiment.

Volume: Above weekly average, suggesting active trading but possibly driven by selling pressure.

📉 Moving Averages & Chart Patterns

Support Levels

₹220 (minor support)

₹210 (trendline support)

₹200 (psychological support)

Resistance Levels

₹225 (50 DMA, immediate resistance)

₹236 (200 DMA, major resistance)

₹250–₹260 (intermediate resistance zone)

📎 Bollinger Bands

Price is near the lower band, indicating oversold conditions and potential for a technical bounce.

Bands are widening slightly, suggesting rising volatility.

🔍 Short-Term Signals

Momentum: Weak, with bearish MACD and RSI below 50.

Entry Zone: ₹210–₹220 (if support holds and RSI stabilizes)

Exit Zone: ₹235–₹250 (near resistance or MACD reversal)

🧭 Conclusion

Trend: Consolidating with bearish bias.

Outlook: Caution advised until price reclaims ₹225 and MACD turns positive.

Strategy: Consider short-term accumulation near ₹215 with tight stop-loss. Avoid aggressive buying until trend reversal is confirmed.

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