newbieintrading

NTPC breakout????

Long
NSE:NTPC   NTPC LTD
128 views
2
I'm new here. Can someone help me to interpret it.
Apart from trendline resistance, the pattern it is trading in will be called falling wedge???

As NTPC has declared the dividend date (10/sep), so, im expecting short term upside. Plus NTPC has been flat from last weeks.
Btw im an option trader.
Any insight given by u experts would be helpful.

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