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thelastbull
Aug 9, 2022 10:25 PM

NTPC breakout above 160/162 Long

NTPC LTDNSE

Description

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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