Bro I feel NHPC is try to make 3 day higher bottom and lower top formation. If it do so than only buy as it will brake the trend line which you draw and try to open above it with open and low as the same
dhilipthegreat
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@HarshitGandhi96, Thanks for suggestion bro. But according to price action it has more chance of going down because of that long wick and other candles breaching resistance. Lets c bro. But if brakes the trendline it may go up a bit and bounce down again.
ankur7219
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@dhilipthegreat, what u think now, i feel it is heading towards 25.50 then 27 and if market fall @ 10500 we may re-visit 22.50 level...How ever any major break in market will take it to 19 level
dhilipthegreat
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@ankur7219, Hi, Sorry for the late reply. As per levels this script has the potential to go to 26.9. More over market doesn't seem to be falling now. May be market could see some profit booking.
The level i posted here was for intraday and swing levels.Sell got activated at 24.05 and intraday closed on 23.95 on the same day.