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...
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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🔴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...
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...
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.
HI 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
