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Tamizhs

NTPC LTD 15min Descending Triangle

NTPC LTD (NSE:NTPC)  
Tamizhs Updated   
NSE:NTPC   NTPC LTD
Trend Analysis Chart Patterns intraday NTPC trianglepattren Descending Triangle Trend Line Break
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trendanalysis chartpattern intraday ntpc trianglepattren descendingtriangle trendlinebreak
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/-
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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