varadtambolkar

Simple Range breakout awaited

Long
varadtambolkar Updated   
NSE:NTPC   NTPC LTD
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
Comment:
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.
Trade closed: target reached

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