inteliigentrader
Long

NTPC educational view

NSE:NTPC   NTPC LTD
NTPC has been steadily falling with average volume falling, meaning that the market makers/smart money are not interested in selling and are waiting for a buying opportunity. Price is near support/accumulation zone and this is where market makers will absorb all the sell order by buying. Falling wedge needs to be broken out for NTPC to move higher.
Target is 100, and after that it may find resistance, due to a psychological level of 100 and a strong resistance/distribution zone.
This is an educational post
Consult your financial advisor before taking trades
I do not recommend taking trades according to my analysis as you may incur loss, for which I am not responsible.
Trade carefully
Grateful🙏

Comments

Comment removed
Can you share me your on zeel and power grid? plz
Reply
electronicDove18477 electronicDove18477
Reply
inteliigentrader electronicDove18477
@electronicDove18477, I have messaged you. Please check your messages
Reply
electronicDove18477 inteliigentrader
Reply
Superb 👍
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out