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Simple Range breakout awaited
NTPC LTD
Long
Simple Range breakout awaited
By varadtambolkar
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Updated
Sep 29, 2021
1
4
13
13
May 4, 2021
Stock consolidating since a year.
High volumes
Lows are shifting higher.
3rd Kiss on the trend line.
From Current level can be a good buy.
Target 1 : 121-125
Target 2 : 142-145
Stop loss : 88-95
Good Risk to Reward More than 1.
small resistance around 133 also
Not recommendation/tip
consult your advisor / do your own analysis
May 4, 2021
Note
I never gave targets earlier as many people instead of learning take that as tip.
Gave target and stop loss, as I thought it might help people to set targets.
Sep 29, 2021
Trade closed: target reached
Beyond Technical Analysis
Fundamental Analysis
priceaction
rangebreakout
Trend Analysis
varadtambolkar
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