NCC : Building reversal chart

🚀 Poised for a breakout or breakdown? Explore the latest on NCC LTD! 📈📉


### Chart Analysis

1. []Wave Analysis: Chart indicates Elliott Wave pattern with waves 1 through 5.
   []Current Position: Price currently in Wave 4 completion zone (281-312).
   []Deep Retracement Zone: Around 276-286 levels.
   []Profit Booking Zones:
   
   First target at 335-342.
   Second target at 376-390.
   
2. Stop Loss: 270.55 on failing Wave 4 consolidation.
   

### Trade Plan

1. []Entry: Consider entering around the Wave 4 completion zone (281-312).
   []Target:
   
   First target at 335-342.
   Second target at 376-390.
   
2. Stop Loss: Place a stop loss at 270.55 to manage risk.
   

### Conclusion

1. []Potential for significant movement from the current zone.
   []Monitor closely and adjust the plan as needed.
   
2. Offers a strong risk-reward setup.
   

📢 Disclaimer: This trade plan is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.

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