NTPC Buy for 125 for June ContractIt's in the formation of a chart pattern which is a flag and in this case its a very good rectangular formation which shows strength of the bottom area
NTPC trade ideas
NTPC stock breakout after 13 years with high volume keep an eyeNOT A TIP OR CALL ONLY FOR EDUCATION
* Buy on retest so you can risk small and get high reward nice breakout
* keep in your watch list
* high volume
* multi year break out
NSE:NTPC
Intraday opportunity for 6th OctoberGood opportunity to grab a high range move in uptrend along with index. Buy between 144.25 - 146. Keep fingers crossed to hit 🎯 T 4 ..... 😆
Happy trading 👍
NTPC swing trading setupNTPC has given a breakout to its channel line. It looks like a good opportunity to buy for a short term move.
NTPC BO1. Breakout Candle is big ✔ ✔
2. Quick time ✔ ✔
3.Absence of Selling wick ✔ ✔
4. Good Volume ✔ ✔
levels are mentioned in chart
***Educational purposes only
Ntpc | Long term stock with good dividend historyThis stock is only for long term investors.
Pros:
1 - Government company, which means your money is safe.
2- As we all know that Power has been a boost in last 2-3 years and government is investing good amount of money to generate clean electricity.
3 - Future is EV which means more demand and more sales.
4 - Good dividend payout history
5 - Good Fundamentals
6 - This stock is undervalued as of now. current market price 118 (30 July 2021)
Cons:
1 - As we all know that it's a government company so we cannot except this stock to move at a faster pace.
2 - Increase in debt , but we all know that this sector is highly sensitive and require good amount of investing in order to sustain in the market.
You can start buying from this level and accumulate more if it goes down.
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NTPC LtdNTPC Cup accumulation seen , in a major resistance, breaking 125 can take this to 145 plus. Strong RSI confirming it as buy on dips category
Long with 0.75 % risk and Reward of 1:2Go long with 0.75 % risk and Can book profit at reward of 1:2
NOTE: You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor. All trading strategies are used at your own risk.
ntpc daily chart rectanglr channel breakout , along with pole and flag pattern breakout , either buy above 127 or let it retrace around 124 , tgt 140
NTPC LongNTPC/USD
Information:
National Thermal Power Corporation Limited is the largest power utility in India, both in terms of size and efficiency.
The statutory corporation has done new investments in renewable energy sources on the Indian market.
Signals:
Position: Long
Entry price: Limit order at 1,60 USD.
There could also be an argument made about placing a market order at 1,65 USD, depending on the following indicators.
Stop Loss: 1,55 USD
Target price: 2,0 USD
%: 2,0/1,65 = 25% increase
Indicators:
Bollinger Bands: The squeeze of the Bollinger Bands happened two days ago on the 14h of September, from where the Bollinger bands were expanding, and a period of higher volatility started to happen.
MACD: The MACD indicator indicates a bullish movement. The MACD line crossed the signal line on the 31st of August and once again on the 13th of September and the indicators indicate that the uptrend might be continuing which is identified by the histogram is spreading further apart from each other.
RSI: The RSI line is at 62.97 which indicates that the stock is on an upwards trend, and that the stock is slightly overbought.
Conclusion/Analysis:
This uptrend began on the 31st of August but within the volatility lines explained by the Bollinger Bands but on the 14h of September does the volatility increase and might show an accumulating market. The analysis also shows that both the MACD line and the RSI are showing bullish momentum as well as the stock being in this high volatility time period indicates that the stock has momentum going forward meeting the demand of the Indian population (1,366 Billion) as well as their recent expansion in renewable energy. What also is notable is that the stock is slightly overbought and that the stock price would fall down towards the limit order of 1.60 USD.
NTPC 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 Uptick and also above zero line
Rsi in daily above 60 uptick
Dmi adx also positive
Upper Bollinger Challenged by price
Price near 13 years Resistance Trend line
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
Price ActionTrend lines can be used to trade, if it closes beyond those trend lines trade can be taken respectively
Target 126 - End of August. Company with good fundamentals and prospects for renewable energy. Price target is 126. good time to pick up the stock at CMP 117
NTPC ::: BULLISH :::DATE: 1 AUG 2021
INSTRUMENT: NTPC
TREND: BUY
TIME FRAME: DAY
CMP: 118.2
BUY ABOVE: 119
STOP LOSS: 115
TGT 01: 121
TGT 02: 124
TGT 03: -
INDICATORS FOR CONFIRMATION OF TREND
BOLLINGER BAND: BULLISH
PSAR: BELOW CANDLE
RSI: BULLISH
RISK DISCLOSURE:
We are not S E B I registered analysts. VIEWS EXPRESSED HERE ARE FOR OUR RECORD PURPOSES ONLY. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
NTPC Ascending Triangle (*read below*)NTPC forming small ascending triangle.
Following the channel.
Good ema18 support.
Expected breakout by this week or next week.
Breakout should take it at top of the channel.
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