NBCC, Voltas, Deepak Nitrite: Know the trading strategies with targets and stop-losses
ICICI Securities highlights NBCC has generated a breakout above the falling trendline joining the last three weeks highs, signalling resumption of up move and offers fresh entry opportunity. It is seen rebounding taking support near the 50 days EMA and the 61.8% retracement of the previous up move signalling strength and positive bias
ICICI Securities recommends buy on Voltas with stop loss of Rs 990 and target of Rs 1010 – Rs 1021. The Price is forming a base at 50 day EMA & higher high on daily charts: Reuters