NTPC: An Experiment - many trading opportunities on the Go

Updated

NTPc is at the bottom of the Four month consolidation range. Behaviour of price is yet to change from downward to upward. prerequisite symptoms for reversal are visible.

This positional trade will be providing many short term long and short opportunites. I shall be updating these trading opportunites on the go. Stay tuned to the Idea.

DISCLAIMER:
Trading in the stocks market or futures markets is one of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.

This is one person’s experience, your experience may differ. Past perfomance is not gaurantee of future gains.
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Revised Pitchfork for possible path.
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Trade active
Initiate Long at 87.30 with stop loss 84
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CHILD SWINGS IN MAKING....MOTHER SWING...WHEN ARE YOU COMING?

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Trading opportunities
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Trade closed: target reached
MOTHER SWING HAS DONE ITS JOB. NOW TIME FOR REVERSAL LET PRICES PULL BACK TO GREEN SLOPING LINE. TRADE OPPORTUNITIES AS PER CHART POSTED ON 16TH AUG. WHERE GAP AREA ARE MENTIONED.
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Things are in perfect shape in larger scheme of things. What is needed is one has to find it out.
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TYPE 1 TRADE OPPORTUNITY CAME TODAY.
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CHILD TO MOTHER
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PUSH TRADE OPPORTUNITY

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closing updates on this link idea.
Chart PatternsTrend Analysis

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