NTPC trade ideas
BUY NTPC btwn 118 to 119 for target of 123+BUY NTPC btwn 118 to 119 for target of 123+
for intraday only 170621
NTPC - WatchoutGood volumes - crossing crucial support levels.
If sustains above 112 -- next target 124-128
Add to watch list -- trade carefully.
NTPCNTPC breakout of the range not very convincing but am bullish till it stays above the red line to reach 114-120 range
Breakage of trend lineIt can be clearly seen that the NTPC shares have deviated from the trendline, therefore indicating an upward market.
NTPC Looking BullishIt can go up to 122, 125 with an SL 94.50.
This is for educational purposes and any investment shall be done after consulting a financial expert.
ENTER after the Breakout or Buy and HoldPositional and Intraday traders: Enter after the breakout or buy and trail your stoploss.
Asymmetric triangle breakout Asymmetric triangle breakout. Buy after breakout around Rs107 with a target of Rs.125 and stop-loss of Rs.95. (Risk/Reward ratio of 1.5)
