NTPC trade ideas
NTPC - Complete Technical AnalysisHi Traders,
This stock will provide some buying opportunities in coming days.
As we breakdown the chart, the price has broken through the weekly inner trendline in confluence with the break of SMA 50. This is a good indication that price will test the outer trendline .
The weekly chart formed a double bottom pattern and broke above the neckline, that's another reason to buy this stock.
A thing of concern about this stock is that we have a golden zone between 109.50 - 118.00 level, where price can move in a range before testing the outer trendline .
We should expect some drawdown as price can retest the broken levels. we have strong support at the neckline of double bottom and at the inner trendline .
A break above 130.40 levels marks the end of a 2 year long downtrend, and we will have a bullish outlook on this stock for at least a year and half.
For this kind of complete technical analysis msg me the stocks that u would like to have complete technical analysis .
Pls Like and follow .
Happy Trading.....
NTPC ::: BREAKOUTDATE: 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 ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
NTPC Looking Bullish on Chart & Good For Long RunHello There,
Greetings Form Team UD Trade..
This is short evaluation on NTPC (Chart Idea) As per current chart analysis we can expect good up trend in comming days, if you are looking for investment for a month this will be the best option from you. also you can expect tarfet with the levels 100 (First Target Within 2 weeks) 113 (Target 2 Within month) and if you want to make more profit in this you can go with the same flow.. Due to market downtrend this script is now below average price point do not miss this opportunity.. if you don't want to invest just do paper trade and wait for one month from today and comment below after one month with the LTP.
Hope this analysis will help you to make good profit as a positional trade..
Thanks
Team UD Trade
NTPC at its supportNTPC has reached its support and likely to bounce back. One can go into trade with target of 95-100 and stoploss at 84.
MTPC Looking Bullish And Good For Long RunMy India Vodafone,
Hello There,
Greetings Form Team UD Trade..
This is short evaluation on NTPC (Chart Idea) As per current chart analysis we can expect good up trend in comming days, if you are looking for investment for a month this will be the best option from you. also you can expect tarfet with the levels 100 (First Target Within 2 weeks) 113 (Target 2 Within month) and if you want to make more profit in this you can go with the same flow.. Due to market downtrend this script is now below average price point do not miss this opportunity.. if you don't want to invest just do paper trade and wait for one month from today and comment below after one month with the LTP.
Hope this analysis will help you to make good profit as a positional trade..
Thanks
Team UD Trade
NTPC price at support zoneprice at support looks good ,
we have really good triangle setup need good bounce that's it
21 EMA is also resistance need close above 21 ema for beautiful setup
Wait for Trend line to break #NTPC #NiftyJust need to wait for trend line to break with volume support as 3 Candles of 4 Hours has shown sign of recovery and reversal,could be sharp upwards move as last 12 hours buyers are in control fro the stock.
Intraday Short | NSE:NTPC | Valid for 27th July 2020 OnlyIntra day short opportunity on NTPC
Entry: 90.35
Stop Loss: 91.25
Target: 88.55
Valid till 27th July 2020, don't carry forward the position
99.50 next or 15% from here .. Followed the path i thought it would and reloaded at 86.15 now looking for it to try and reclaim its uptrend line which i feel it should and carry on to 104.25 and most likely try for 116 which would be wicked however going to play this level by level and expecting a pull back from 99.50.
Hope it gets its groove on from here quick otherwise may cut this loose since i see some other tempting setup's.
SL 84.65
Cheers!
NTPC WEAK NTPC looks weak as per daily TF
shorted @ 89.70 with sl 91.30 , tgt of 85
trading is highly risky business
above trades are no tips , they are my observation
any trade taken will be your own risk
i am not responsible for any profit or loss
If you looking to trade with such confidence get in touch .
Trading below all Averages - Bearish LongLost short term up trend line at around 92,85 then lost support at 92 after trying to reclaim it and got rejected quite harshly.
85 is the lower end of the Demand Zone after which is 70.90 where the local bottom was made on the 23rd of March.
Even though its lost its uptrend line am gonna double down at 85 since after being over sold we can only start creeping up the other way .
this one will have to be patient its at breaking point and in my opinion 1 last shake out before we ascend.
Get out of the trade if you're not comfortable and not planning on averaging down your buy.
Targets still the same .
Trendline touch ..up we go ? 116 nextDoubt this will loose this up trend line hence tight stop loss with a big position size..
On the 6hr a golden cross has just happened , its just a matter of time before it happens on the daily so look like a nice few weeks for this one.
Expecting one last rejection at 104 before we actually start trading above all moving averages and take that 12 year down trend line down.
Assuming Energy is only going to cost us more in future , these guys are also in Oil and Gas so why not .....
Down Trend since 2008.. 140 & 160 mid term With the Downtrend starting from 2008 this "Puclic sector undertaking" finally looks like it going to break on up after
132 or the down trend line is taken down , feel a pullback to 116 before it does get taken down .
On the lower time frame its looking nice and trying to reclaim this major resistance at 94.50 where in the last 12 years its played a key role.
This has been lagging a fair bit so should give a slow and steady gain.
Worth getting in for a big position size swing trade with a very tight Stop Loss since we are at 94.40 which is a key support.
If you're in this for the long term after 140 this should start flying no clue what the news or reason would be but double down now if you're holding from higher.
