NTPC trade ideas
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)
NTPC - Rising volume amid consolidation near multi-year baseNTPC - Rising volume amid consolidation near multi-year base
NTPC - LongNTPC CMP - 98
Buy Range 95 - 97 / Stop Loss 94.50
Range breakout and looking bullish in higher time frame. One can go for Intraday Trade Setup with the following entry, exit & targets.
Target 1 - 99
Target 2 - 100
Target 3 - 101 / 103
Disclaimer: This is my view and for educational purpose only.
NTPC - On verge of weekly Trendline BreakoutNtpc on verge of breaking weekly trendline resistance and looks like cup and handle too. one can enter at cmp or wait for 108.15 breakout...Target on chart...
Weekly chart
Looking good in upcoming few days for short termBuy @NTPC
Target 1 : 100.45 , Target 2 : 107.45 , Target 3 : 122
NTPC - A Decade of Boxing in the RangeNTPC - On the face of it looks this has done nothing much. But a closer look reveals, catching near the identified supports and sell off at the resistance. It will take time, but a 20% returns is more or less within grasp within few months.
DISC: Not a SEBI Registered. I post charts for my own study.
