NTPC showing good signs for positional buy above 115

NTPC is showing positive sign to take next leap of growth and looking as promising stock for SIP or short - mid term holding.

Chart has been analyzed on Weekly Time frame... portraying good movement after trendline breakout and expect price to pickup it momentum, if price on daily time frame closes above 115

We feel it's an ideal BUY and HOLD stock for short term to mid term (3 to 6 months) and recommended to buy on Weekly SIP or buy at different intervals. Given the market positive market sentiment for SEG sector, the stock might get additional push to propel the growth.

Feedback are welcome... Happy Trading > Investing > Wealth Creation.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.