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srikartiram
Mar 15, 2021 1:48 PM

NTPC | Simple Supply & Demand chart - Looks good for 32% Long

NTPC LTDNSE

Description

NTPC | Simple Supply & Demand chart - Looks good for 32%


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
I buy NTPC 110.50 should i hold till SL?
srikartiram
@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.
sonin4612
i like your idea sir
kirthideshpande
Sir nice charting how much would be the time frame
srikartiram
@kirthideshpande, I dont time the market buddy, it is swing trade.
Sanyasi007
Hi bro, how long should we hold it to reach target ?
srikartiram
@s231189, I dont time the market buddy, it is swing trade.
qaiyyoom225
Hi brother, Is there any recommendation for ntpc intra day for next 2-3 days?
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