Swing Buy NTPC @113.15, T - 116.70, SL - 111.25 Higher High Higher Low pattern & trend-line breakout
NSE:NTPC has formed a flag and pole pattern on 1H time frame. Wait for the breakout. I have given Target levels for both sides. Consider your Risk/Reward before taking trade.
If the Price Crosses and closes ,and open below the Support line then we can expect the price to reach 96
NTPC IS LOOKING TECHNICALLY BULLISH. Reason: 1) IT HAS FORMED CHANNEL PATTERN. 2) MACD ABOVE SIGNAL AND CENTER. 3) STOCK WITH LOW PE. 4) NEAR 52 W HIGH WITH SIGNIFICANT VOLUMES. 4) CLOSING & SUSTAINING ABOVE 115 CAN LEAD TO A POTENTIAL BREAKOUT.
BREAKOUT OF AN IMPORTANT RESISTANCE LEVEL WITH GOOD VOLUMES. CAN BUY FROM MEDIUM-TERM PERSPECTIVE. RSI BULLISH. MAINTAIN A STRICT STOPLOSS. THE REWARD TO RISK RATIO LOOKS OKAY.
every thing is on the chart after commodity boom much awaited energy sector boom is arriving and will be here to stay . in 2024 you ll look at current prices as if u are standing on top top of Burj khalifa and looking at the ground don't miss it
NTPC EQUITY levels ...10/05/2021 (D candle)
plz be humble and tell me if this analysis good enough to take long trade above 105 level?
Please follow the chart and let me know if you have any doubts :P Thanks, Abhishek Singh
NTPC can give breakout from triangle its on edge,
Buy NTPC At Cmp 102.45 Add More If Price Drops To 96-97 Strict SL - 88 (WCB) Target - 135
The key levels to watch out are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels. For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts. Happy trading.
NTPC is forming a triangle pattern on hourly timeframe. If it gives a breakout it can be a good positional trade. Sl will be the nearest swing low. Enter the trade when price crosses the high of the breakout candle. For best results and to avoid false signals get into the trade using 1H timeframe.
Stock has made a symmetrical triangle on 2 hourly chart. Move on either side of triangle can give good profit