ENTER after the Breakout or Buy and HoldPositional and Intraday traders: Enter after the breakout or buy and trail your stoploss.
NTPC
NTPC- CMP 100.45 - Cup and handle patternNTPC-CMP 100.45 - Cup and handle pattern. It can go up to 109, 115, 121, 125 with a closing SL below 93.45. This is for educational purpose and any investment shall be done after consulting financial expert.
Similar pattern has been noticed in case of Vodafone idea case around a month ago when it was at 10.05 and now it is 13.8 almost 38% rise in one month and it met all its targets and exceeded even.
NTPC LongNTPC took support from 97 range (blue line), marching towards 108(first target)
Orange lines - Targets
Blue Lines - Support zone
NTPC CMP100.15NTPC- CMP 100.15 . Cup and handle pattern is in formation. But it has got minor resistance at 101.6 f it crosses with good volumes then it can reach to the targets of 116.35 as per cup and handle pattern and 123.5 subsequently in longer time frame. SL can be 97 on CLBS and 94 on intraday basis. This is for educational purpose and if any trade is done it shall be done with advice of financial expert.
SHORT SELL OPPORTUNITY IN NTPCReasons-
1) PSU (lol)
2) Weekly trend is down.
3) Rejection from historic resistance.
4) Noob traders buy cheap stocks not knowing it's a falling knife.
5) Small stop with bigger profit targets.
Kindly trade at your own risk.
Good Luck ^_^
NTPC CMP 98.55NTPC CMP 98.55, Can go to 107 and 114 by Jan 21 with a sl of 92. It is purely for educational purpose and consult your financial adviser for any investment decision.
NTPC- CMP 102.4 - UpdateNTPC CMP-102.4, Channel breakout. On last working day it made huge volumes of around 2.5 times previous volumes with a price rise of 5% and OI rise of around 2%. MACD and RSI are also indicating positive. Option chain indicates good support at 100 as calls are cut and puts are added till 100 significantly and also reduction in calls are happening at 105 also. It can go up to 107, 116.8 in near term with a SL of 96. It is purely educational purpose and any investment made shall be after consultation with financial advisers.
NTPC on verge of break outNTPC on verge of break out of channel. Volumes in Last trading session are huge along with good future OI build up. It taken support at 9 EMA intraday and went up. Can be bought at support of 9 EMA and can wait for break out, can look for a target of 100 and 108 in near term with a sl of 87.
NTPC looks good for short termNTPC formed cup and handle pattern.. looks good for short term.. safe can buy above 97.. keep sl as per ur setup
NTPC ( SWINGTRADE)here we see inverted Head & Shoulder Pattern. by which we estimate that in upcoming trading sessions..... there is the upward move !!! this estimation based on Price Action and Patterns.
#NTPC #NSE #BSE #NIFTY #BANKNIFTY #IoT #ML #AI #TRUMP #ELECTIONS#NTPC
NTPC Ltd.
CMP: 86.25
Target: 95
SL: 80
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NTPC Weekly/Daily/240 demand 88.25-84.5NTPC Weekly/Daily/240 demand 88.25-84.5
pro:
1. Origin of weekly move
2.Weely/daily/240 min co insiding
3. 2 excplodive candle in daily
4. straight drop to the zone, so bounce can be clean and faster
con:
1. 4 base so confirmation entry
2.2 Cluster of zone left , so weaker zone
ntpc will fall down or not i am a new trader pls some one confirm that my analysis is correct or not
1.its forming an wedge pattern and moving down words
2. it have taken a resistance at 108.15 and start to fall down
3.the wedge patter is supporting both day and week chart time frame
4. And RSI touched 80 over brought zone
NSE:NTPC
