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Buy NCC, advises Rakesh Bansal

Rakesh Bansal, Vice President at RK Global is of the view that NCC is a very strong buy at current level.

November 30, 2015 / 15:04 IST
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Rakesh Bansal, Vice President at RK Global told CNBC-TV18, "NCC is a very strong buy at current level. Chart pattern is very good. We are seeing a positive cross-over on the momentum indicators. Anybody willing to risk, it is an excellent trade. On the upside, I feel the stock can easily rally to levels of Rs 82.50. It is making higher tops, higher bottoms on an hourly chart."At 14:42 hrs NCC was quoting at Rs 78.25, up Rs 0.25, or 0.32 percent. It has touched an intraday high of Rs 79.10 and an intraday low of Rs 78.00.

first published: Nov 30, 2015 03:04 pm

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