NTPC trade ideas
NTPCNTPC
Buy @ (127.30 - 127.70)
SL-126.4
TG- 129.05 / 130.10
Sell @ (Below 130.20)
SL-132.60
TG- 129.10 / 125.60 / 124.20
SHORT NTPCThe formation of NTPC chart suggests that the stock is going to move downwards in a short term basis. We could see the following targets as suggested in the stock in 1-4 months. The third target of rupees 97 will be achieved by the end of July or August.
Short for IndtradayIf Nifty 50 will negative tomorrow then this script will give us money. I have draw trend line and Stochastic is also in overbought zone.
LONGTERM BUY IDEA: BUY NTPCPERFECT KBO + BULL FRACTAL BREAK NOW NEAR FRACTAL SUPP. BUY CMP AND ADD ON DIPS WITH STOP CANDLE CLOSE LOW BELOW KS.
STOCK ALSO FORMED DIVERGENCE. SKY IS THE LIMIT. BE IN THE TREND UNTIL MARKET STOPS US OUT.
WEEKLY FLAT STRUCTURElook for buy opportunity when it pulls back and forms the continuation pattern.
@NTPC BUY SETUP -AT 167 -27/7/2017DAILY FINANCIAL WISDOM: Amateur traders focus on rewards. Professional traders focus on risk..
(All signals for member educational purposes only).
BUYDAILY FINANCIAL WISDOM: In trading, the results your receive are directly proportional to the amount of effort you put in...
SELLDAILY FINANCIAL WISDOM: Trading is a discipline where one must be ever diligent. There are no finish lines, no graduation ceremonies.
NSE: NTPC H & S pattern.
Possible continuation of down trend to 130s if no support found around 160s.
Near term: Short Trade is preferred.
