Ncc Ltd - 3 Year long Resistance trend line breakout

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#NCC
Updation of March 2023
NCC Ltd - Testing multiple resistance level

NCC- Tends to break a long run resistance


Company is engaged in the activities of Infrastructure sector . Company with low debt and zero promoter consistently giving returns over last 5 years. Stock is near 52 week high with significant volumes and highest recovery from 52 week low. Technicaly it's looking very nice. 3 year long resistance trend line breakout already happened and retesting now. Price is shrinking in the triangle band. If breakout confirms then a sharp movement can be seen .
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Support level broken
Chart PatternsTechnical IndicatorsnccltdTrend Analysis

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