NTPC - Ascending Triangle Long

NTPC LTDNSE

Description

⋅ Jun 14, 2020 9:34 AM

Note: This is for educational purpose only.

NTPC has formed an ascending triangle on daily chart. Breakout above 101 should give a fresh move upwards. RSI and MFI above 50 shows price momentum and volume is in bullish zone.

Comments

kalyanganguly

⋅ Jun 17, 2020 7:35 PM

Trend line broken. Now this should be a down trend.