NCC daily chart shows a breakout from a cup and handle (slightly unusual shape) above 76 and then consolidating in a triangular pattern with shrinking volumes. Today it has attempted a breakout from this short term consolidation with much higher volumes as compared to past few days… If pattern plays out, target can be 96-97 (shown in dotted blue horizontal line) . Important to note that on the left side of chart, between two horizontal dotted red lines, there was prolonged consolidation before the stock fell down. This region of 70-86 should be watched out for resistance. disc: invested as a trading bet.
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