NTPC - Price Action Analysis
Yesterday, NSE:NTPC has broken the dynamic Support trendline. It has already been activated Harmonic Butterfly pattern with PRZ level 1.272 at 113.
BUY : If It is continue falling then Buying opportunity will only happen when price holds at 112 to 116 and makes confirmation candle.
SELL : Any gap up to 124 - 126 will create a short opportunity .Confirmation above 128 and breakout candle with high volume momentum help buyers to take a lead for further uptrend.
BUY : If It is continue falling then Buying opportunity will only happen when price holds at 112 to 116 and makes confirmation candle.
SELL : Any gap up to 124 - 126 will create a short opportunity .Confirmation above 128 and breakout candle with high volume momentum help buyers to take a lead for further uptrend.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.