thelastbull

NTPC breakout above 160/162

Long
NSE:NTPC   NTPC LTD
Bullish structure overall, volume is confirming the story. A variation of Cup and Handle pattern breakout is possible here.
Energy stocks have been doing well lately, including other power sector stocks.
Comment:
NTPC did try to breakout but the price action is not strong enough, too much sideways type of movement for my liking

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