Stay invested in NCC: Simi Bhaumik

Simi Bhaumik of simibhaumik.com told CNBC-TV18, "NCC is looking quite good on charts. It is holding above Rs 75-74 range. Hold it for some more time and my short-term stoploss would be below Rs 74. Target is a hurdle for this stock – Rs 82-86, that would be a major hurdle for this stock. Once it clears that, it would gain a fresh momentum.""The next major supply area would be around Rs 100-110 and that would be a long-term target for me for this stock. Long-term stoploss should be below Rs 70 because this stock has made a recent low around that level only. So, I would say you can hold this stock with a stoploss below Rs 70 and wait for target of Rs 100-110. It is a hold from my side," he added.Disclosure: I have recommended the above stock to my clients, but personally I am not holding it.