segan_the_learner

NTPC - Cup and handle pattern

Long
segan_the_learner Updated   
NSE:NTPC   NTPC LTD
1. NTPC has formed cup and handle pattern with rising trendline in weekly TF
2. Increase in volume since August 2020'
3. Higher high and Higher low in weekly TF
4. There has been slowdown in volume activity in the past few weeks. So try going long only above 115

Levels are mentioned in the chart

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