Top Trending Stock: This company’s stock remains in top trending, can bet to earn profits – ncc limited share remains in top trending

Mumbai: The stock market has started flat today. On the first day of the trading week, there has been a slight increase in the stock market. Even though there is not much momentum in the market. But there are many stocks in which strong growth is being seen. This stock remains in top trending. One such stock is that of Annecy Limited. There is a boom in this since morning. Despite the weakness in the market, the shares of NCC Limited (NSE code – NCC) have gained about 3%.

Technically also this stock looks strong. The stock has broken out of an ascending triangle pattern with decent volume. With this, it has touched a 52-week high of Rs 102.45 on the NSE. Interestingly, the stock has also registered a breakout from its 86-week cup and handle pattern. Thus it is showing bullish signals in the medium-long term. All the short and long term moving averages are trending up.

The 14-period daily RSI (73.65) is in the super bullish zone. This indicates a strong uptrend in the stock. On a YTD basis, the stock has already jumped more than 20%. Investors can include this stock in their portfolio to earn profits.

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