NTPC Breaks Out from Symmetrical Triangle (Bearish)

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.

Stoploss 161
Duration 1-2 days


NTPC in monthly chart stochastics have given sell
+1 Reply
NeeteshJain Manish Kumar
@ManishKumar Yes, it shall correct first before further going up. Well identified. Good Luck
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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