Its ready to give a second breakout. Its taking support of 50 EMA and have touched 200 EMA.
Resistance at 200 EMA and 50% retracement. Could be a good by for short term if breaksout.
Seems to be a good buy for target of 300
NTPC has reached its support and likely to bounce back. One can go into trade with target of 95-100 and stoploss at 84.
Two supports and two resistance give good risk to reward ratio.
Just an attempt to extrapolate time taken to hit highs and lows on triangle pattern to see where would it go in future and when.