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PriceWorksIndeed
Sep 30, 2021 3:10 AM

Parallel channel breakout  Long

NTPC LTDNSE

Description


Short to mid term target : 151/160/170

Long term target : 250/ ++ more



Reason : Raised 18K crore , Making significant leap in Renewable energy sector, Technically bullish.
Comments
tanmoyg112
Sir I have bought ntpc October 160 ce at 1.85 rs and it closed at 1.95..Kal ye call 2.5 tak Janeway chances Hai kya? What would be tomorrow's target for ntpc?
PriceWorksIndeed
@tanmoyg112, RSI on daily chart is at 87, which suggest overbought, i expect it will not make any fresh high for few days and gas price has been raised 60% effective from tomorrow so there is probability to consolidate/ or may make lows.
PriceWorksIndeed
@tanmoyg112 made low as expected, but it did cross 2.5 , hope u exit safely
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