NTPC may resume trend down again. Short

NTPC LTDNSE

Description

⋅ Dec 16, 2019 11:38 AM

Last few days we witnessed a rally in NTPC from 109 levels, this rally seems to be more of corrective nature and halted at the KS line on daily chart. RSI is well placed into bearish zone and MACD is bearish too with no positive bias as of now.