"NTPC bullish," it seems that the overall sentiment is positive, with many analysts and technical indicators suggesting a potential increase in the stock price
NSE:NTPC NTPC (National Thermal Power Corporation) Ltd and its affiliated companies are mainly responsible for producing and distributing large amounts of electricity to state power utilities. The group also offers consultation, project management and supervision, energy trading, and exploration of oil and gas as well as coal mining. The company's power plants...
The stock has formed an U pattern on daily chart and we can see a good move upon breakout. Keep the scrip in radar
Here ntpc Ltd crossed line I found a good position in this stock.
Strong Buy Above 150, T1 - 170, T2 - 185, T3 - 201, T4 - 218, T5 - 233, T6 - 242.......... STRICT STOP LOSS below 137. PLEASE NOTE : If it makes new all time high then keep trailing SL from 240.
Reasons to buy- 1-taking support and reversing from 200 EMA 2-lower trendline support 3-triangle pattern breakout 4-good R:R from current level.
NTPC has given breakout with very good intensity of volume and also can do breakout 13 years resistance trendline, which is located near 135 zones, all parameters are pretty good for long buyers. all the key levels are mentioned in chart with Stop-loss and targets. Key Levels Volume intensity is good in Breakout candle Macd in daily positive crossover and...
Good volumes - crossing crucial support levels. If sustains above 112 -- next target 124-128 Add to watch list -- trade carefully.
Positional and Intraday traders: Enter after the breakout or buy and trail your stoploss.
NTPC took support from 97 range (blue line), marching towards 108(first target) Orange lines - Targets Blue Lines - Support zone
#NTPC heading to 110 in next 2-3 sessions. #PlanYourTrades
DATE: 20 AUG 2020 INSTRUMENT: NTPC INDICATORS: DAY PSAR: BULLISH STOCHASTICS: BULLISH 200 DMA: 101.60 INDICATORS: WEEK PSAR: BULLISH STOCHASTICS: BULLISH INDICATORS: MONTH PSAR: BULLISH STOCHASTICS: BULLISH CMP: 101.10 BUY: 102.60 TGT . 01: 106.68 TGT . 02: 111.76 RISK DISCLOSURE : Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED...
NTPC- Intraday Buy ONLY above 93.25. Maybe carried fwd for a day, if required. TGT: 95.25 - 96 SL: Below 92.25 Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser. Had previously published intraday...