Technical Overview Of HCC.NS (Hindustan Construction Company Limited)

Above is the summary for the technical analysis of Hindustan Construction Company Limited, whose ticker name is HCC.NS and belongs to sector Industrials, and it is listed in NSE (National Stock Exchange).

The Hindustan Construction Company Limited has a current value in NSE (National Stock Exchange) of , and the Hindustan Construction Company Limited, whose ticker name is HCC.NS, has changed from the previous closing value.

The HCC.NS, which is Hindustan Construction Company Limited, has a risk value of ₹3, volatility of ₹0.56, and the HCC.NS has a last 50 days high value of ₹35.75, HCC.NS and a last 50 days min value of ₹22.62.

And the company has the following upcoming events:

1. What is Technical Analysis and Nifty 50 analysis

Technical analysis helps traders and investors to determine the current trend (uptrend, downtrend, or sideways trend), seasonality, patterns in the chart of the stock, and whether the stock is overbought or oversold to ultimately predict whether the stock will go up or down in the future.

Basically, traders use historical stock prices, including ("Open," "Close, High," "Low") to drive various insights for the stock, and it also involves using technical indicators, which are nothing but mathematically calculated values using stock historical prices to generate more insights.

Also, there are various patterns that are formed in the chart of historical data of stock, which also conveys some insights about how stock is going to perform in the future.

For more details, visit the below link to learn how to perform technical analysis:

2. Importance of Technical Analysis

While technical analysis does not incorporate any financial data of a company’s business still, technical analysis gives good insight about how stock will perform mostly for the Short-term trading strategies.

As the price of stock tends to follow trend and seasonality, it becomes important to perform technical analysis to find out the current trend (uptrend, downtrend, or sideways trend), seasonality, patterns in the chart of the stock, and whether the stock is overbought or oversold so that traders can predict where the stock can go in the current scenario, also helps with Nifty 50 analysis which is Indian stock market indices

3. How to Use Our Tool

LabhTark provides a robust tool to perform stock technical analysis.

• Users need to search for the company or stock they want to analyze in the search bar, also they can search for Nifty50 or Sensex index for Nifty 50 technical analysis, and Sensex technical analysis

• Once the page is loaded, we have historical data with a candle chart in the left and in the right corner we have all the analysis.

Features of Candle Charts

• In our candle chart of the stock, the user can determine the current closing price of the stock in the top, with change from previous value.
• Then the user can select the granularity of the chart, i.e., daily, weekly, monthly, or yearly.

• Then the user can add a chart for indicators, like RSI, ATR, Bollinger Bands, and other more than 40 indicators, to learn how these indicators give insight for the stocks, visit the "Learn Trading" section of LabhTark and select Technical Indicators to learn it, or click the below link to reach it directly.

• Then the user can analyze the stock by scrolling the chart left and right to see full historical data.

Feature of Analysis

• In the top right, the user can get an overall insight into the stock from the gauge chart, which indicates if the stock is “High Risk," “Risk," “Neutral," “Growth,” or “Rapid Growth.”
• Next we have multiple tabs for a brief of the stock, news, compliance, events, and related stocks.
• In the “Brief” tab we have all the important data points in the tabular form, like the last 50 days high or the last 50 days min.

• In the “News” tab we have news related to this particular stock, latest stock market news India with sentiment analysis, where green represents positive news, red represents negative news, and grey represents neutral news.

• In the “Compliance” tab we have data related to compliance for this particular stock, which informs whether the stock has any legal compliance going on currently, which makes it risky for the investment.

• In the “Events” tab we have important dates related to this particular stock, like ex-dividend dates for Dividend investing in Indian stocks and earnings date information, for Corporate earnings reports India

• In the “Related Stocks” tab we have a list of stocks that are either similar to this stock or opposite.

4. How to perform technical analysis

Technical analysis may sound complicated, but it has four basic parts to predict the future value of a stock’s price and guide to stock chart patterns

1. Trend Indicators

This determines what the current trend (uptrend, downtrend, or sideways trend) of the stock is; below are some examples of indicators for this.

• EMA (Exponential Moving Average)
• Adaptive Moving Average (AMA)

2. Momentum Indicators

This determines whether stock is overbought or underbought so that traders can decide whether to buy or sell this stock; below are some examples of indicators for this.

• Relative Strength Indicator (RSI)
• Stochastic Oscillator

3. Volatility Indicators

This determines how far stock can move up or down in the coming future, basically the volatility of the stock; below are some examples of indicators for this.

• Average True Range (ATR)
• Bollinger Bands

4. Volume Indicators

This determines how stock is performing according to its volume; below are some examples of indicators for this.

• Volume weighted average (VWAP)
• On-Balance Volume (OBV)