NeeteshJain

NTPC Breaks Out from Symmetrical Triangle (Bearish)

Short
BSE:NTPC   NTPC LTD
On hourly chart, the price action breaks out from symmetrical triangle at the last hour of trading indication bearishness and dominance of sellers. It shall further go down on Monday.

Target:155
Stoploss 161
Duration 1-2 days

Comments

NTPC in monthly chart stochastics have given sell
+1 Reply
NeeteshJain Manish_Kumar1
@ManishKumar Yes, it shall correct first before further going up. Well identified. Good Luck
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Thanks 2 Share valuable ideas ....
help 4 every one....
+1 Reply
NeeteshJain Maahir29
@Maahir29 I like to share informative charts to make retail traders get educated and informed of their decisions in order to gain something out the market from their hard earned money and I also like to share it with my fellow friends on this wonderful platform to get feedback from them to improve and also to provide them an edge in market if possible.
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