NOCIL is engaged in the manufacturing of rubber chemicals domiciled in India. Moreover, the Company has manufacturing facilities at Navi Mumbai (Maharashtra) and at Dahej (Gujarat).
Nocil is trading around 240 and its previous high was 236.40. Therefore, Nocil is reviving its fundamentals and almost a debt-free company.
Now, what to expect from here onward?
Above 240… Go for Investment in it. We expect an upside target of 325 and 380 in days to come. Accumulation at lower levels will be the best trading strategy.