NTPC has given breakout with very good intensity of volume and also can do breakout 13 years resistance trendline, which is located near 135 zones, all parameters are pretty good for long buyers. all the key levels are mentioned in chart with Stop-loss and targets.

Key Levels
Volume intensity is good in Breakout candle
Macd in daily positive crossover and Uptick and also above zero line
Rsi in daily above 60 uptick
Dmi adx also positive
Upper Bollinger Challenged by price
Price near 13 years Resistance Trend line

I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing

Follow us on Telegram : https://t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com

Related Ideas


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.