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NCC Limited

Discussion in 'Technical Analysis' started by masihpatel, Oct 4, 2012.

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  1. masihpatel

    masihpatel Active Member

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    Hi All,
    Now a days Infra stocks are performing well, Please share your views on this one ,as it has given breakout from previous two highs marked in the chart.
     

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    masihpatel, Oct 4, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    Support at 32. Possibly no trade zone for me.
     
    shabbir, Oct 4, 2012
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  3. chequesuraj

    chequesuraj Member

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    Shabbir,

    you mean this stock shall go through consolidation phase or it will come down to 32 level?
     
    chequesuraj, Oct 5, 2012
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  4. shabbir

    shabbir Administrator Staff Member

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    It should consolidate at some point. What it will do is yet to be seen. Support at level of 32 does not mean it will come down to support levels all the time but it means it should remain above that levels.
     
    shabbir, Oct 5, 2012
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