NTPC : Positional

The Hammer + NIFTY trend suggests an upward movement is on for tomorrow.
The idea is supported by FIB retracements, both for the recent fall & overall COVID fall.

Positional trades:

Buy above 88.65 for Risk-takers & above 89 for the risk-averse for targets of 90, 91, 92.5 & 94 with SL at 86.8

Trade active: Buy triggered
Comment: T1 hit - market is consolidating volatile mode - trailing SL to 89 now
Comment: Will trail SL to 90 when it crosses 91
Comment: Trailing SL to 90
Trade closed: target reached: Partial Exit at 91 - holding call options for T3 & T4


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