NBCC (India) Ltd (NSE: NBCC) – Breakout Trade Setup

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🧾 Equity Research Summary – NBCC (India) Ltd.
Sector: Construction & Infrastructure – Government PSU
Technical Setup: Trendline breakout + Base retest + Volume surge
Support Zone: ₹68–₹75
Breakout Zone: ₹100–₹103
Upside Potential: Strong move expected due to order book + infra push

Catalyst:

Government infrastructure spending

Order wins from CPWD, NBCC contracts, redevelopment projects

📅 Timeframe: Short-to-Medium Term (2–4 weeks)
📊 Risk-Reward: 1:2.5

🟢 Buy Setup
Buy above: ₹107 (confirmation above resistance zone)

Stoploss: ₹100 (below breakout support)

Target 1: ₹115

Target 2: ₹124

Target 3 (Swing): ₹130–₹135

🔻 Short Setup (if breakout fails)
Sell Below: ₹99

Stoploss: ₹103

Target: ₹91, ₹82


For Education Purposes Only

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