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Mambotrade
Mar 14, 2022 4:41 PM

NTPC consolidating in a narrow range. 

NTPC LTDNSE

Description

NTPC is taking support and has closed near the support level.

Stock has been forming inside candle for 3-4 days.

Support:- 131,127,125
Resistance:-134,137.5

The stock will give a breakout in this week
Keep a watch on NTPC.
Comments
shishirmishra786
Bang on! What should be the target price? I am going for 165 within eight weeks. Is that a bit too high?
Mambotrade
@shishirmishra786 the targets from my side on the upper side are 138, 144 and 147-8.
There are resistance on these levels and price may reverse after hitting the levels.
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