Here's another good quality stock on my radar, NHPC. A great power company, fell pretty hard during the correction in March but now looks like, it's back in the move. Here are the details about the analysis- CMP- 91.50 Target- 100 Stoploss- 88 Duration- 1-2 months Fundamentally good company which, now, looks good on charts. let me know what you think about it :)
Date : 27-Mar-2024 Rating : Buy - Positional Trade LTP : Rs. 88.85 Targets: (1) Rs. 115 --> (2) Rs. 142 SL : Rs. 80 Technical View: • NSE:NHPC is in its primary uptrend since long time and was recently going through it's secondary downtrend. • After touching the life time high of 115.85 on 5-Feb-2024, it has retraced 36% to 73.60 level. • NSE:NHPC has...
Observe These levels in SUZLON as there is very strong demand zone near to current market price
#NHPC trading above Resistance of 98 Next Resistance is at 117 Support is at 79 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
#NHPC trading above Resistance of 79 Next Resistance is at 98 Support is at 57 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
📊 Details NHPC, a Mini Ratna category I public sector utility, is Government of India’s flagship hydroelectric generation company. The company is primarily involved in the generation and sale of bulk power to various Power Utilities. Its other business includes providing project management / construction contracts/ consultancy assignment services and trading of...
#NHPC trading above Resistance of 57 Next Resistance is at 79 Support is at 46.50 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only....
#NHPC trading above Resistance of 46.50 Next Resistance is at 57 Support is at 37 Here is previous chart: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
BUY - NHPC LTD CMP - Rs. 44 Target - 1: Rs. 54 Target - 2: Rs. 68 . . Technicals - Bullish Symmetrical Triangle BO . This is just a view by an expert analyst, please trade at your own risk. . Follow me for more!
Marginal LL done Weekly No Overlap in the structure In Q1 RRG Interestingly positioned
Good Volume Breakout. Low Risk. Strong RS. 2% Risk aiming atleast 1:5 RR.
#NHPC : Beautiful Triangle breakout Levels mentioned on chart Good strength in stock Keep loving , keep sharing, for more such analysis
Chart -> NHPC Weekly CMP: 42.85 Good range: Around 40 Targets: 47, 50.50 and 54 SL: 38.50 weekly close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
🔴DISCLAIMER ***** It's just for an educational purpose, So you must also follow your own technical analysis before taking up the trades ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
NSE:NHPC has an interesting formation in the monthly chart, a perfect rounding bottom / saucer formation. It can be flying saucer as well :) Some features noticed in monthly chart: A 12 years long Saucer formation breakout. ATH attained. There is a clear ascending triangle, basically a nice uptrend channel (shows as cyan colored channel in the chart). ...
NHPC has made breakout in monthly timeframe. NHPC has formed rounding bottom pattern in monthly timeframe which specifies clear target of Rs.52. One can enter the trade with clear SL of Rs 42 and keep target of Rs.52. RSI indicator is also showing stock is in bullish momentum. Traders are requested to keep their own analysis and risk management in stock. Thank...
NHPC is prepping for a long term multi year break out and there are few important points to note 1. Monthly average volume of delivery is around 50% 2. NHPC arm to develop 10 GW renewable energy parks in Rajasthan 3. NHPC Consolidated June 2022 Net Sales at Rs 2,785.14 crore, up 15.23% Y-o-Y (10th Aug) 4. Chart has formed a round bottom recovery which shows a...
NHPC looks good on weekly chart by breaking horizontal trendline and gives a strong close on above that it is looking good by volume addition in it we can expect a good up ward move in this stock from here, although I am unable to find out the targets because stock is trading almost on it's life time highs.