NTPC Ltd has broken out of a 24-bar range, formed a new higher low, and closed above the range today.
This breakout signals a potential bullish trend over the next 7 trading sessions, with an initial target of ₹355. If the price sustains above ₹355, it may advance toward the next key resistance level at ₹371.
This is my personal view and not a buy or sell recommendation. Traders are encouraged to perform their own technical analysis before taking any trading decisions.
This breakout signals a potential bullish trend over the next 7 trading sessions, with an initial target of ₹355. If the price sustains above ₹355, it may advance toward the next key resistance level at ₹371.
This is my personal view and not a buy or sell recommendation. Traders are encouraged to perform their own technical analysis before taking any trading decisions.
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.
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.