26 Apr 2017 | 2:45 PM
Research Report
Weekly

Equity Research Report: Master Pick-NCC Ltd

NCC secured orders worth Rs 1870cr in Jan’16, taking the order book to Rs 19470cr as of date. Management expects to achieve its full-year inflow target of Rs 8000cr led by a strong pipeline of irrigation projects from Telangana, hybrid-annuity projects from NHAI and urban development projects from the public sector.
08 Apr 2016 | 06:00 PM
TAG's

NCC has been consolidating for last one year and tested major support zone of weekly 200 EMA twice in between. At present, its chart structure and confirmation tools are indicating towards strong up move ahead. So, traders should exploit this opportunity and accumulate it in the given range of 70-73 with close below stop loss of 65 for the target of 89.