NBCC Share Price | Big signal on NBCC share, stock price will be affected, what experts said – NSE: NBCC
NBCC Share Price | NBCC India Limited Company shares fell below Rs 100. NBCC Limited Company (NSE: NBCC) The shares are currently trading in the red zone. NBCC India Limited Company shares are trading below 5 day, 10 day, 20 day, 50 day, 100 day, 150 day and 200 day moving averages. Shares of NBCC India Limited Company are down 32 per cent from the record high of Rs 139.90 hit on August 28, 2024. On Friday, October 25, the stock had closed at Rs 87.83, up 4.81 per cent. (NBCC India Limited Company Excerpt)
oversold on stock charts
NBCC India Limited Company is Oversold on the share charts, its RSI has fallen to 24.4. NBCC India Limited Company shares are showing resistance in the range of Rs 104-110. As long as there are no negative signals about the stock, the stock should be considered a HOLD. Experts say that if NBCC share goes up to Rs 104 then investors can consider 'Sell on Rise' policy.
Anand Rathi Brokerage Firm
Expert of Anand Rathi brokerage firm said, 'NBCC Limited Company share has strong support at Rs 93. NBCC Limited Company shares may rise to Rs 106 if it goes above the level of Rs 102. Experts say that for short term the trading range is expected to be between Rs 90 to Rs 106. However, if NBCC share falls below Rs 92, there may be signs of recession. This could push the stock even lower.
How much return did the stock give?
NBCC Limited Company share has given 4.01% return in last 6 months. The stock has given a return of 117.25% over the last year. The stock has given 313.34% return in the last 5 years. On a YTD basis the stock has given a return of 68.68%.
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