NCC : Continued short-term uptrend

• NCC has moved out of the falling trend line, suggesting buying interest among traders.
• The stock rise was accompanied was rise in the volumes.
• On the weekly charts, it has moved out of the five week trading range. Trading above the upper range.
• On the daily charts, prices are comfortable placed above the short-and medium-term moving average. Considering above technical studies, we believe the stock could trade with positive bias. It is likely it could extend current rebound up to 85, 89. Bias would remain positive until it trades above 71.50. Traders could consider buying at current levels and 75.