In the current Bull market for buy on dips strategy will reward better.
We have potential Bullish Gartley as well as Bullish Butterfly possibilities.
If we observe Fibonacci ratios, potential reversal areas come around 150 - 154 zone.
Stop loss can be determined after confirmation of the pattern activation.
Tentative stop loss - 148 .
We have potential Bullish Gartley as well as Bullish Butterfly possibilities.
If we observe Fibonacci ratios, potential reversal areas come around 150 - 154 zone.
Stop loss can be determined after confirmation of the pattern activation.
Tentative stop loss - 148 .
Trade active:
Safe traders can buy above 160.
Trade active:
Buy above 160, first target 163, second 168.
P.S. It's a positional call.
P.S. It's a positional call.
Comment:
NTPC achieved first target. Going strong made a high of 163.40.
Trade closed: target reached:
Second target achieved.