NBCC Share Price At the beginning, we discussed some midcap stocks that showed tremendous action. Let’s bring them back on our radar and see. Many stocks had massive action, and among them, NBCC is once again in focus.

You can see NBCC is seeing tremendous upmove of 4.5%, and in recent days, we have also observed significant gains in NBCC. In fact, the company received a new order around 71–72 crore, and we are seeing its impact. Earlier news flow also provided good momentum in the stock.

NBCC Share Price

According to Rupak, NBCC is becoming highly interesting. Any news triggers an upward trend or good move—there is no small fluctuation here.

Rupak suggests that NCC can be held for a target of 128 in the short term. Maintain a stop loss at 112. If it breaks 112, weakness may appear; otherwise, it will stay strong. If it goes below 112, it may fall further, but with positive momentum, targets of 120–128 can be expected in the coming period.

HG Infra Gets a Massive Order of 1415 Crore

There is plenty of action, and HG Infra is also on our radar. The company received a 1415 crore order from Maharashtra Metro, leading to about 2% gains. At one point, the stock had risen around 4–5%, but it has slightly eased now.

Rupak explains that due to positive news, there was significant buying in the morning, but the stock needs to sustain above 900. 900 is a key resistance level. If it sustains above this, a complete reversal could happen. Below 900, selling pressure is expected.

Midcap Losers: Any Buying Opportunity in Corrections?

Moving ahead, let’s see where midcap stocks are under pressure. On the losers list: V-Guard Energy is down over 2%, Glaxo is showing about 2.25% correction, JSW Infra is under 1.5% pressure, and Lupin is also down nearly 1.5%.

Rupak notes that Lupin has formed a double top pattern on the daily chart. It is not a buying opportunity, but if it sustains below 2000, it could be a sell call. Sell below 1990 for a target of 1960, maintaining a small stop loss above 2010.