NTPC GREENEntry-Exit Strategy (Bullish Harmonic + W Pattern)
Entry (Buy Zone):
Price Range: ₹110 - ₹114
The stock has broken out above the neckline (around 110) and is currently trading at 112.83.
This zone is ideal for a breakout pullback entry.
Stop Loss (Risk Control):
Stop Loss: ₹98
This is just below the recent bottom (Point C).
If the price closes below ₹98, the pattern becomes invalid.
Target Levels (Profit Booking):
Target Price Level Reason
Target 1--125 First resistance / Fibonacci level Target 2--138 Previous major swing high Target 3--150 Harmonic pattern completion
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NTPCGREEN trade ideas
NTPC Green Energy - Intraday AnalysisNTPC Green Energy - Intraday Analysis 💡
🔍 Key Highlights:
🔹 Approaching 52-Week High with a gain of 5.28% from current levels!
🔹 Trendline Resistance breakout likely with strong bullish momentum.
🔹 Volume uptick with healthy ADR (5.15%) and relative outperformance.
📊 Key Levels to Watch:
✅ Resistance: ₹147.14
✅ Support: ₹138.59
✅ Immediate Target: ₹150+
📈 Indicators:
EMA10 above EMA50 signaling bullish momentum.
Volume buzz supports the move; look for follow-through.
⚡ Action Plan:
Keep an eye on a decisive breakout above ₹147 for further gains. Short-term traders may trail with stop-loss below ₹138.
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