Price ActionTrend lines can be used to trade, if it closes beyond those trend lines trade can be taken respectively
NTPC trade ideas
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.
*Get free analysis for any stock you want*. You can message me here or comment on this post.
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
