BREAKOUT in NTPC (Power Stock)
Updated
NTPC is ready to BREAKOUT.
The stock was in consolidation phase from march.
Volatility has contracted over period with positive upwards moment.
Stock closed above the 20 MA after yesterday's budget shakeout.
Ready to BURST.
The stock was in consolidation phase from march.
Volatility has contracted over period with positive upwards moment.
Stock closed above the 20 MA after yesterday's budget shakeout.
Ready to BURST.
Trade active
Trade closed: target reached
T1 achieved. Not going for far fetched targets sincea) It's a large cap stock
b) I believe a correction is due in the market and I am being cautious
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