NTPC LTD 15min Descending Triangle
Updated
In 15min TF, we can see that there is a descending triangle pattern. It can breakout either side in Intraday.
We can go LONG if it breaks the Resistance @ Rs150-155/-
If the price breaks the trendline of the triangle, we can go SHORT. The nearby support is at Rs. 145-147/-
We can go LONG if it breaks the Resistance @ Rs150-155/-
If the price breaks the trendline of the triangle, we can go SHORT. The nearby support is at Rs. 145-147/-
Trade closed: target reached
As I mentioned in the chart, the price has fell about Rs10/-If we traded in PE, it would be able to give BULK PROFITS
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