NTPC Short Term Trade
The Level around 184 was a strong long term resistance,
It was broken on 12 june '23 , and since then , it has turned into support (grey horizontal line)
After that there was consolidation at 197 forming a short term resistance at that level (yellow line)
Now breakout has occured through that level , with good higher than average volume
For a Short Term Trade tgt= 207 sl= 194.8
It was broken on 12 june '23 , and since then , it has turned into support (grey horizontal line)
After that there was consolidation at 197 forming a short term resistance at that level (yellow line)
Now breakout has occured through that level , with good higher than average volume
For a Short Term Trade tgt= 207 sl= 194.8
Trade closed: target reached
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Disclaimer
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.