Happy_Candles_Investment

NCC nudging up again.

Long
NSE:NCC   NCC LTD
NCC Ltd. (Nagarjuna Construction Company) builds residential properties, industrial facilities, public buildings, roads, civil engineering structures and other types of infrastructure. The company also offers input materials used in construction, such as aggregates and asphalt, and conducts paving. Operations also include commercial property development. NCC Ltd. CMP is 150.40.

The Negative aspects of the company is MFs are decreasing stake. The Positive aspects of the company are low debt, zero promoter pledge, FIIs are increasing stake, improving annual net profit, improving cash from operations annual.

Entry after closing above 152. Targets in the stock will be 162 and 176. Long term targets in the stock will be 190. Stop loss in the stock should be maintained at closing below 135.

The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.

Happy Candles Investment
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