Nhpc Long Buy below/at 95
Target 3 = 107.30 with trailing stop loss
Target 2 = 103.32 with trailing stop loss
Target 1 = 99.19
Stop loss = 90.93
Just paper trade,
This is not a financial advice.
Nhpcltd
NHPC LTDImportant points ploted in the chat.
*Investing in security market is subjected to market risk do own research before investing.
NHPC STOCKNSE:NHPC Stock is waiting for breakout,
Buying level is once break and close above the 105 rupees in day candle,
Target is 110 to 115 rupees,
Stoploss is close below 95 rupees in day candle.
NHPC Ltd - Breakout OpportunityDate : 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 broke out from its secondary down trend on 27-Mar-2024 with higher than average volume.
• RSI has crossed over 50 on 27-Mar-2024.
• On 27-Mar-2024 it has closed above both 20 DMA and 50 DMA.
• Looking strong to start a new swing from here.
Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
NHPC - 53% RETURNS!!!BUY - NHPC LTD
CMP - Rs. 44
Target - 1: Rs. 54
Target - 2: Rs. 68
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Technicals - Bullish Symmetrical Triangle BO
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This is just a view by an expert analyst, please trade at your own risk.
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NHPC : Triangle Breakout#NHPC : Beautiful Triangle breakout
Levels mentioned on chart
Good strength in stock
Keep loving , keep sharing, for more such analysis
NHPC - Broke its all time high (Swing Trade)🔴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 its bullish pressure after the breakout)
Ideal Target and Stop Loss should be minimum 1:2 RRR (Risk reward ratio)
After reaching our targets, Book 50% Profits and trail your stop loss to get maximum profits from rest of the 50% in your trade.
NHPC LongNHPC 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 multi year accumulation and consolidation
Strategy
Start adding slowly at CMP. Add highest amount between 29 to 35.
Hold for target 52-58
26 can be kept as stop loss
Duration 18 months
Breakout in NHPC...Chart is self explanatory. Entry, Targets and Stop Loss 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 financial advisor before taking any trade.
NHPC - Swing Candidate NHPC
Buy-Above 35
Sl-29
T-42 45 50
Enter Above 35 only. As it has made a negative candle today. Trade on confirmation only.
MULTI-YEAR BREAKOUT- NHPC LTDHI ALL
There is a multi year breakout on
NHPC LTD on Monthly timeframe.
NHPC involves in business of electrical equipment's.
Levels of Breakout:
29.40 & 29.50
Targets: 35
