RahulAndra

NCC Long Potential 20% Trade

Panjang
RahulAndra Telah dikemas kini   
NSE:NCC   NCC LTD
After heavy consolidation for 2 months I can foresee a potential breakout from the 1 yr+ triangle to supply zone @ apprx 85. SL is at 62. RR Ratio = 1.65. Always the possibility of denial at resistance trendline however this extended period of consolidation gives me the confidence of an overwhelming bullish sentiment

Best of luck!
Komen:
1st TP hit at 78. 10% up so far. Strong price action potential ability to wick high 80s however there is also the possibility of a new consolidation channel forming here that will cause NCC to range from 78-80 down to 62-65 till it breaks down in the coming months to form new lows
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.