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KunalSaxena10
Jun 11, 2023 7:20 AM

NTPC - GANN&Wave - More upside left Long

NTPC LTDNSE

Description

Stock is in an uptrend since it made a low of 73.20.
Recently broke resistance at 182.50 and continuing in wave 5.
Although, on higher timeframes it is giving negative divergence on momentum indicators, still a small quantity can be initiated with strict SL.

Also, the basis of Gann Octaves is an Out of orbit case with a minimum target of 184.50.

The analysis is only for educational purposes. Please trade at your own risk
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