InsiderB

NTPC : Head and Shoulders Pattern [15mins]

Short
NSE:NTPC   NTPC LTD
This head & shoulders pattern is yet to complete and moving towards the neckline, wait for valid breakout at neckline before initiating short positions. This may or may not be intraday, can get extended for another day, so be sure about what position you are gonna take. Neckline has back to back supports, so be planned & prepared with whats your risk before entering the trade.

Hit "Thumbs Up" which keeps me motivated to post more ideas...Thanks for your support..
Happy Trading !


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.