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NTPC | Simple Supply & Demand chart - Looks good for 32%
CMP : 110
SL : 100
Target : 146
Almost 1:5 risk reward setup
CMP : 110
SL : 100
Target : 146
Almost 1:5 risk reward setup
Comment:
Flag pattern in Daily time frame (May consolidate for 1-2 days)
Comments
@prakharseth0018, Hello, the reason we are analyzing in higher time frame is to cut the noise. You can always allow it to perform until it hits stoploss unless you found better conviction and better opportunity in other stocks.
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@kirthideshpande, I dont time the market buddy, it is swing trade.
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