h24r24

NTPC BULLISH

Long
NSE:NTPC   NTPC LTD
NTPC Closing 172.4 with stoploss 161 then targets are 183-190.

Buying Reason.

1 --> Price closing above 20,50 EMA.
2 --> RSI is ready Cross 60 Level.
3 --> ADX is showing the Bullish Move and +DMI is Rise.
4 --> Volume is also showing the Breakout Volume and Cross the Average Volume.
5 --> Also Bollinger Bands are Open is Positive side.

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.