SaiKiran578
Long

NTPC is trading in a channel - 1 Month Time Period

NSE:NTPC   NTPC LTD
NTPC is trading at it's crucial support for the last 4 months.

Provided the RISK/reward ratio in the chart.

Maximum support is at 85.8, I have given SL as 84.7 to be on safer side. Targets are 89.8, 92.8, 96.15, 98.6.


Minimal Stop Loss, But Maximum Profit.


-> I might not post my ideas regularly, but when I post, they are SURE SHOTS. Please let me know your opinion on my ideas.
Trade active: Excellent breakout. Way to meet the target..!!
Trade closed: target reached: The Trade can be closed with the existing profits as 1 Year trend line for NTPC is not broken.

Comments

Isnt that head and shoulders pattern?
Reply
@pab751, Yes it does look like that.
Reply
definitely we can keep this stock in our portfolio ...
Reply
SaiKiran578 sourprad
@sourprad, Yes
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out